There’s no stoploss in our strategy.
Instead of stoploss we have new entry which makes the avg. entry price better. The market won’t keep on going down or keep on going up. We wait for the market to have correction and get our trade close in profit.
If the trade take more entries then the profit will be compounded which will make up for the wait time.
We don’t see signals as individual signal, instead we see all the signals as a single strategy. Ultimately, it matters how much profit we made on our capital at the end of the month right?
We have backtested and forward tested our strategy with numerous condition. We choose the signals and coins on the basis of those. So, far it has never happened that it never reached the take profit or breakeven.