As you suggest, if you want
a smoother equity curve, perhaps maximizing Sharpe is the way to go.
Since I began to focus on ttrading mutual funds rather than idividual stocks, my profits have improved significantly with
a smoother equity curve.
Not exact matches
Traders who jump around from the 5 minute chart to the 30 minute chart and back again, are naturally less likely to have a consistent and
smooth long - term
equity curve than those traders who put their focus mainly on the daily charts.
The
equity curve on the left may look
smoother but there is no stop loss and would include $ 15,000 intra-trade drawdown.