Support Board
Date/Time: Mon, 03 Feb 2025 22:44:26 +0000
Post From: The new feature of lock/flatten in Global Profit/Loss Management
| [2015-08-02 11:09:02] |
| binaryduke - Posts: 377 |
|
Hi SC Glad to see this newly released feature. Please could you help with some explanation of the fields. My aims are to: 1. Flatten and lock trading after a certain daily loss level (say $200). I'm guessing that I put -200 into Profit Trigger Value, select the Flatten All Positions When Profit Rules Met checkbox and also the Lock After Profit/Loss Met check box. Is this correct? 2. With this set, how can I utilise the trail daily net profit effectiuvely? I'm confused by initially having a negative trigger. If my aim is to: - stop trading at a $200 daily loss - once profitable, never dip back into loss (so let's say a $50 threshold to cover commissions). Would this be 'After Trigger When Daily Net Profit Increases By' = 250 ? - have a trail of (say) $200. Would that be Increase 'Profit Value After Trigger to Flatten Positions By' = $200? 3. I'm also a little confused by the interaction of Profit Trigger Value and Profit Value After Trigger To Flatten Positions. A little more explanation would be much appreciated. This feature looks really useful. BR Lee. |