Stop Levels Tweaked

I've made a change in how I calculate my stops for my trading setups based on the Commitments of Traders reports. My existing method of basing the stops on the largest past drawdown in the backtesting seemed a little unsatisfying - besides leading to the potential of huge losses, which never makes me comfortable, even if the position size is commesurately small. Instead, I'll be now using a stop based on the setup's average profit of all the trades minus two standard deviations of the trades results. The stop levels for the two new setups I've developed so far are posted on my latest signals page. (You'll notice all the other setups have no stop levels or portfolio allocations. That's because I'm not trading them right now as I'm retesting all my setups with detrended price data and the Monte Carlo test.) My maximum portfolio allocations will be adjusted to these new stop levels (i.e., never risking a loss of more than two percent of total assets in any single trade). Also, I may sometimes scale into positions by starting off with half of the maximum allocation on the entry date, then purchasing the second half one week later if the trade is profitable. Good luck this week.