Lindfield this is an area that I also struggle with is getting out of trades to early.
I am tweaking my stops and trailing stops.
Haven't used this as yet as I don't have any trades but this is the system that Michael S Jenkins uses and having looked over alot of charts I think it has merit.
He uses a 3 bar trailing stop when in the trade. If he then sees what looks like a reversal bar he will raise his stop to the low (or just Below) the low of the previous bar before the reversal bar..............jeez thats a mouthfull hope it made sense
I know Totterdell uses a 3.25 bar trailing stop also.
I am going to experiment with this but I do like getting a trade to breakeven as quick as possible.
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