Hello Dear Traders,
I am new to futures trading and testing my system in commodities and nifty futures. As i am trying to improvise my system i have some questions which i thought i should share here and get opinions from senior ppl and also new traders.
1) What percent of your total trades are winning trades (which do not hit SL) and on an average and over a long period of time, what is this percentage for successful systems that you have heard/read about..
2) What is the average Stop Loss percentage on your trades for various futures and also please specify which timeframe candles/bars you use
what is the avg SL for nifty futures along with timeframe of bars for nift, for Crude, For metals so on... ?
I am new to futures trading and testing my system in commodities and nifty futures. As i am trying to improvise my system i have some questions which i thought i should share here and get opinions from senior ppl and also new traders.
1) What percent of your total trades are winning trades (which do not hit SL) and on an average and over a long period of time, what is this percentage for successful systems that you have heard/read about..
2) What is the average Stop Loss percentage on your trades for various futures and also please specify which timeframe candles/bars you use
what is the avg SL for nifty futures along with timeframe of bars for nift, for Crude, For metals so on... ?