After a lot of thinking, analysis and research from the collected data, I have come to a conclusion to remove the break even stop rule.
I used to configure the ATM strategy in NT in such a way that if the trade moves six pips in my favor, it will move the stop to entry price. Since, this seems to me as an illogical decision at this point, I will be removing this rule from my trading plan.
After this week's result, I will recheck the trades objectively to see if the break even stop would have been a good part of the strategy or not.
Reason for removal is that the techniques is not logical as stop loss is not placed beyond technical barrier.
If I don't feel confident about the trade I would trade 1 lots rather than the regular 2 lots.
That's the update for now. Let us see how it goes:thumb: