Hello Fellow traders, over the last few weeks i’v really started to appreciate this community. This is my first post so be kind :)
I want to evaluate a trade with a very large position size, with a 1cent trailing stop... as a 1min ORB.
eg, if stock trades at $20, buy 10,000 shares with a .01 price trailing stop. I understand my trailing stop would fill at market price and not limit (price-.01cents), but a higher win% would give a much better risk/reward right? I have found that predicting a few cents move as a part of an opening trend is almost always right... just volatile hence unsure of order getting filled... and i don't think I can test this in a simulator? Any experience with trading very very tight trailing stops at open?
