With stop losses and profit margins that small, wouldn't you think that one bad call could just set you back a good amount if it was to go down let us say 1000 in one day but then the next day its back up 1500? I mean the system will probably work for some time, but I really don't see it working in this volatile of a market which sees fluctuations like your stop-loss in a normal hour.
Could you maybe show us a history of all of your trades to see how this has been working?
It's actually the opposite from what you'd expect - the volatility is great, the more volatile the better. consolidation times are when profits become lower.
The profit margins vary, sometimes they're more than x5 away than the stop, giving me a R:R (risk/reward) ratio of 1:5+.
I wrote a few trades in the thread I linked to before. I claim and hope to prove the price of bitcoin can be predicted with more accuracy than people can imagine.
