Originally Posted by sonoio
Adding indicator, adjust trading rules, work with trailing stops instant fixed stops, change TP and SL parameter will change the system and risk reward from the system.
This is nothing else then making a very good system worse and then users are surprised why they fail while other make money.
I am now on the road but will post later today my recent trades for better understanding.
I am not looking to change the system - but for example my trade today:
The ProFX manual suggests fixed stops of 50-75pips and the system projects a suggested stop with ProFX01. However Alex often suggests putting the stop just above the last swing point, or the support / resistance points highlighted by ProFX09.
So where should I put my stop today, 50pips fixed from entry, ProFX01 which as a trailing stop would have already been taken out, or ProFX09 which sits 80pips over even the best entry point?
This is what I meant by discussing S/L's etc, trying to get a clear understanding of how to use the rules to get the performance we all hope for.