Stoploss and Profit Target as percentage

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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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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 ... =8-1-spell


Building Winning Trading Systems with TS ... gy_b_img_b


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