The recent expansion across crypto markets has already seen corrections that nearly erased the entire moves. Some of our strongest runners, such as SUI, remain in profit, but overall portfolio performance would have improved if more profits had been secured on the way up.
That prompted us to revisit the trade management configuration and apply the following adjustments after additional backtesting:
- Maximum number of take-profit events is now unlimited (new)
- Stop-loss orders will be adjusted after each breakout (new)
- Stop-loss orders will continue to be adjusted after each bounce from resistance (longs) and support (shorts) (no change)
- Positions will continue to be de-risked after reaching 1.5R (no change)
- The system will now take 25% profit at each resistance (longs) and support (shorts) level (new)
- The system will reduce position size by 75% once a trade reaches 10R (new)
The new configuration has been applied to all the trade ideas detected from tomorrow onwards.