Today I shorted IVN on a Rubber Band Morning Pop and made 1.75R. The trade moved almost 1/2R against me before turning around. I was a little frustrated because what I thought of as my trailing stop was not moving with the price of the stock. I had to keep manually moving my stop, which is not optimal. OTOH, 1.75R is a good trade.

I also missed a couple of trades due to waiting a little too long for confirmation. I was going to go long on HANS on a Flag Continuation Pattern, but waited a shade too long to pull the trigger. I watched it rise 80 cents past the entry I had picked, which would have been almost 4R if I'da just pulled the trigger. I guess missed profits and missed losses on trades never taken cancel each other out. At least I hope they do.

Looks like a lot of interesting RBMP trades investigate tonight.

Question: Which strategy are you guys using most? Why?