[livernik]

Originally Posted by achalk »

Can anyone refer me to any reference work on risk and time in the market.

Thanks.

I don't know any reference work about, but if there is any , many "...it depends on ..." should be included.
In previous posts ,replies were based in personal experience.
I believe in cash, taking quick profits and cash again.

[TheNegotiator]

If generally one strategy takes longer than another, then it probably has different risk parameters anyway as a market's price movements on longer timeframes are larger. So I'm not sure comparing two strategies of different average length in the market is useful.

What I would say is this. If you have a certain strategy, the longer you have the trade on without it showing signs of moving your way, the more likely it is to not achieve your targets before taking you out. Of course this would depend on current market activity, volatility etc., but over all, if it's not doing what you think it should be, chances are there's a good reason and others in similar positions will end up needing to exit too.

Maybe you should plug in your trade data into excel. For each strategy you could simply plot length of time against profitable or not per trade. See whether you can determine any patterns.