@factor_members Yes I once statistically observed, for stocks, that trading the BO per STP order, as it happens, leads to much better results as, in comparison, waiting per LMT order for a retest of BO line .
@factor_members Not so difficult for me to say the truth. Learned over the years that trades that I myself dislike are the best.
Nevertheless st I am getting overwhelmed from the news/circumstances and act. Only to recognize much later that I have it done (wrong) ...
@factor_members So, if in a BO-trade, there is one question to be answered each day: At which point does a retest start to be "deep and very uncomfortable"? That point decides the STP order.
@factor_members You absolutely nailed this one Peter!
"Below 11.50 the hedge funds could start to unwind big long positions" from your april 24th post.
Plus your seasonality concerns.