Michael, we're happy to follow you to Substack!

Question: I've been tracking a 9:35 entry and automating trades on one-minute bars -- to reduce the chop and losing trades (using LOD as a stop).

Do you tend to ride for the day or do you sell at 100% profit? I've been testing out a 25% trail once a position exceeds 100% profit but I'm mindful of your conclusion that trailing stops invariably lead to lost profit opportunities. GIven the volatility of the last few days, a 25% trailing stop can be triggered in a matter of seconds and then turn around (i.e., dramatically exceed the 100% profit level).

As always, your thoughts are much appreciated.

Regards . . . .