Backtesting reports show maximum drawdown value for any tested strategy. Is it possible to see drawdowns experienced by individual stock trades? I think it is important to have this information in the backtesting report. Many a time stocks have a drawdowns exceeding -10% before they turn around and give positive returns. If I happen to sell these stocks just because they lost 10%, i will end up having a 10% loss instead of having a profit!
If I can see in a backtesting report how many winning stock trades give initial drawdawns exceeding -10%, then it would help me decide about having a stop-loss or not. Some experts such as Larry Connors believe that having stops hurt traders. Some of my back testing strategies (not RW strategies) in other software support Larry's claim.
I am interested in knowing what other forum members think about this?