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Yes, trading pullbacks with limit orders helps control your risk and keep your stop about the same per trade. The only disadvantage in this , you miss some trades. I have thought about this as well to control risk.
Yes, Yes, in that first trade, had I just place a bracket order with stop loss price, limit order to take profit at R:R = 1 or 2. I be done for the day.
I agree with the trade less part. I have a rule of no more than 2-3 trades per day.
Can you help answer these questions from other members on NexusFi?
I've never had a clear plan backtesting because that's all in your head. It would try lots of different strategies to see the results. Most of the time what I thought would work clearly in my head and what worked through backtesting was very surprising.
What I mean is for clear planning before start backtesting is recording the right data per trade. For example, I never recorded the following per trade MAE, MFE, max RR, breakeven, etc. Just things that I now think of a question that I could have included in my manually back test spreadsheet to track trades.