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Date/Time: Fri, 22 Nov 2024 17:41:03 +0000



Post From: different reading for delta on 2 diff charts...

[2024-10-10 19:49:19]
coachted - Posts: 328
Thanks John,

Couple of question, I am curious is there a way to have a stop move only after price moves away a certain amount....so for example lets say I put a trade on and i have a 3 point stop...once price goes in my favor 8 points i want to move my stop to breakeven...is there a way to do this?


In addition, I generally set my targets at 3 times the risk taken....is there a way to set the targets to move when the stop is adjusted....so for example when i initially enter a trade my stop is fixed at three points and the first 2 targets are set at +9 and the 3rd is set at +12...but there are times that my risk should only be 2 pts my targets get adjusted based on moving the stop....so for example I enter a long ...the original stop is -3 points, 1st target is +9 and the 2nd target is +12....I immediatley move my stop to a -2.5 risk is there a way/setting to have my 1st target automatically move to +7.5 and the second target move to +10?
Date Time Of Last Edit: 2024-10-10 20:08:10