LIF 10.6R Currently
$Life360 Inc(LIF)$ 10.6R Currently.
Parabolic R:R is an interesting concept that provides good perspective on how you can potentially implement tighter stops to increase your system expectancy.
In the LIF example it wouldn't have been abnormal for me to enter with a 4-5% SL due to the strength of the stock but in reality by tightening my stop by 27.5%-42.5%, I increase my R:R at the 25% return mark by +38.4%-+58%.
Reducing your SL can likely reduce your WR% unless your entry methodology changes as well, which is why this is an important tool to apply to your own strategy/data points and understand where you can apply this to amplify your trading edge.
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