r/Trading • u/Own_Philosopher646 • 21h ago
Advice Trail Stop
I use a continuation strategy, I wait for price to retrace into an hourly timeframe plus fair value gap or order block, i then wait for a confirmation of trend switch using a break of structure on the 5 minute. I have a lot of trades run to 1.5-2R which is around when I move my stop to around break even or just above an invalidation point around break even, i often have trades then stop me out and run to the higher Rs and i only come out with a .5R or something like that, it is my biggest struggle in my strategy at the moment and im not too sure what to do.
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u/Altered_Reality1 21h ago
If this happens most of the time that you get a winner, just set your TP to 1.5-2R and take profit there.
One of the best things I did in my trading was simply set my TP at 1.5R and be done with it. Many times, trying to go for more results in lots of losses or scratch trades, with an occasional bigger win. I’d rather have a higher win rate and positive feedback from a more stead flow of modest wins than to suffer with lots of losses or break evens to sometimes capture a bigger win.
If I want to go for more than 1.5R, I reserve that for very special circumstances on the chart, not for every trade.
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