PATCH 1.2 NOTES

Patch 1.2 comes off the back of The Journal entry for Week 09 and adds a rule to close off trades as they approach a liquidity zone.

TRADING#NUMBERS — System Update
Patch 1.2

System Update

  1. Patch Record system.patch_1.2

    What changed in build 1.2

    Trade Management

    Source: Week 09 Review →

    // Observation

    Trade 27 (taken in Week 09) saw a Mean Reversion trade come very close to its target, however action stalled and quickly reversed. A MFE of +1.8R was reached, however my target was +1.9R, (which wasn't hit). The liquidity zone was hit but my target was a discreet price value. This is too rigid given the fluid nature of liquidity so a 0.1R threshold is appropriate for an overall target to close off.

    // Patch

    Removed:

    Hold until full target is reached.

    Added

    Position reaching proximity of ~0.1R of full target is considered hit and can be considered all full profit hit and closed off.

    // System impact

    Updates trade management across all setups. Entry, invalidation, stop and target definitions remain unchanged.

    // Expected outcome

    Reduce R giveback and improve consistency when choosing whether to hold, secure or exit.

    Patch status: Active → Monitor results

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