This is my first post and I'll start this by saying I am fairly new to day trading (6 months in). I have been involved in trading commodities for a few years with a few reliable multi-day automated strategies and it has been working for me.

I'm currently in a pullback period and I have been looking into daytrading to fill in the gaps. I know all about the risks and psychology, and I am not going to begin trading real money until my day trading strategies have proved themselves in the front test.

After looking through minute bars and overly inflated Renko bar results, I've come across Kase Bars and for the past few months have been constantly going back to the drawing board with things I want to add to/take out of my strategy.

I adapted my strategy to day trade Kase Bars. My entries are good, but it's my stops (of course!) that have been killing my performance. I've been looking at hard dollar stops, moving average stops, trailing, and I'm starting to look into parabolic flips.

I've been banging my head against the wall and I just wanted to know what other people are doing with Kase Bars, wondering if anyone has any tips or ideas for stops or entries or anything having to do with Kase Bars. I'm stuck, thanks for the consideration.

-Paktrader

paktrader 

.... I adapted my strategy to day trade Kase Bars. My entries are good, but it's my stops (of course!) that have been killing my performance..... -Paktrader

Are you sure your entries were good enough?

cory 

Are you sure your entries were good enough?

I'm testing on 3 years of downloaded tick data on tradestation for a few different commodity/equity futures. My entry efficiency is around 65% for most of them and my exit efficiency is below 25%.

-Paktrader