Stoploss and Profit Target as percentage
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Stoploss and Profit Target as percentage
Is it possible to set up a stop loss and/or a profit target that isn't a fixed amount but a percentage of the original investment for an automated signal? For example, I buy XYZ after a given signal and automatically sell automatically if XYZ goes down 5% (stoploss) or up 5% (profit target)?
- TJ
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yes, they are possible.
pretty well any calculations you can imagine, can be arranged.
may I suggest these as starters:
Ask Mr. Easylanguage
http://www.amazon.com/Ask-Mr-Easylangua ... =8-1-spell
Building Winning Trading Systems with TS
http://www.amazon.com/Building-Winning- ... gy_b_img_b
pretty well any calculations you can imagine, can be arranged.
may I suggest these as starters:
Ask Mr. Easylanguage
http://www.amazon.com/Ask-Mr-Easylangua ... =8-1-spell
Building Winning Trading Systems with TS
http://www.amazon.com/Building-Winning- ... gy_b_img_b