長期間の横に移動する貿易は、定量的なトレーダーの最もいら立たしい状態の 1 つ. このタイプの動きは決して多くの利益になり、決して停止をトリガー, それは時間の長時間のトレーダーの資本を結び付けることができますが、.
トレーリング ストップが高い位置を移動すると利益でロックする設計されています. また、下に移動位置に対する保険を提供します。. しかし, 継続取引横位置を処理するメカニズムに組み込まれてないです。.
Daniel フェルナンデス最近についての記事を書いた、 different type of trailing stop. While this new stop is built on a basic ATR multiple stop, Daniel adds a timing function that tightens the floor of the stop over time. This requires a position to perform or force an exit.
How Trailing Stops Are Supposed To Work
Setting an initial stop when a position is taken is first and foremost an insurance policy. If the new position is a loser right from the start, the stop represents the theoretical maximum loss. If the position hits the stop, an exit is signaled and the strategy takes a small loss rather than letting it grow into a large one.
反対に, if a position is a winner right out of the gate, the trailing stop will follow the position higher and theoretically lock in profits. This helps to make sure that profitable positions are not allowed to slide back into unprofitable territory.
When Trailing Stops Don’t Work
The only type of position that trailing stops aren’t equipped to handle is a position that moves sideways. This would describe a position that trades in a range right around the entry price for a period of time.
While the position is trading in a sideways range, the trader’s capital is tied up in an unproductive trade. The longer the trade continues in a sideways fashion, the less likely the trade is to become profitable. If a position didn’t act like your strategy expected it to immediately, it is less likely that it will behave that way after a period of time has passed.
The Dynamic Stop Loss
One way to be sure that trades aren’t allowed to continue moving sideways indefinitely is to introduce a time function to your trailing stop. Daniel suggests using a linear function that gradually raises the initial stop to the breakeven point over time. An even simpler option could be to require your strategy to move the initial stop up to the breakeven point after a period of time.
Either way, tightening the initial stop over time will force your positions to produce profits or signal exits. This will help your strategy avoid wasting time holding positions that never actually go anywhere.