Support Board
Date/Time: Thu, 28 Nov 2024 06:47:17 +0000
Post From: How to exit trade when daily profit target hit
| [2023-06-01 17:04:13] |
| tommartin321 - Posts: 74 |
|
Hello Using the spreadsheet system for trading study, I'd like to exit a trade when my daily profit target is hit. This would seem to include adding together Open Profit/Loss (J10) and Cumulative Closed Profit/Loss (J11). I'm able to disable auto trading after Closed Daily Profit/Loss (J45) reaches, by using the following in J28; =J45>=500 (in this example my daily profit goal is $500), but this isn't what I'm trying to achieve. Using the same $500 profit target example, if my current Cumulative Closed Profit/Loss is -$200, then I would need to stay in the next trade until my Open Profit/Loss reached $700 (-200 + 700 = $500) before having the system exit my trade. In columns L3 and N3 should I be able to put =J10 + J45>= 500? |