You Missed a Trade - Now What?
You didn't get a fill on your original entry. The trade would have been profitable for a bit, then it comes back to your original entry price. Do you take the trade? We go in-depth, answering this common dilemma.
- Your default should be to take the trade if it still matches your system
- There's more information to decide on - what can you add to your backtest?
- What are post-entry columns, and how can they help?
- How deep thinking about the issue can help you create brand new strategies
Here's the original article Dave wrote on this topic.
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Before you go!
If you're a trader and interested in backtesting and automating your trading strategy and don't know where to start, I want you to stop what you're doing and head on over to davemabe.com to sign up for my free backtesting email course.
I hope to see you there!
Before you go!
If you're a trader and interested in backtesting and automating your trading strategy and don't know where to start, I want you to stop what you're doing and head on over to davemabe.com to sign up for my free backtesting email course.
I hope to see you there!
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