Stoploss and Profit Target as percentage

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Algyros
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Stoploss and Profit Target as percentage

Postby Algyros » 26 Oct 2009

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)?

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TJ
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Postby TJ » 26 Oct 2009

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

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Building Winning Trading Systems with TS
http://www.amazon.com/Building-Winning- ... gy_b_img_b

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