SetDollarTrailing: Difference between revisions
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Closes out the entire position or the entry if the current profit is less than the maximum profit by the specified amount; generates the appropriate [[Stop]] order depending on whether the position is | Closes out the entire position or the entry if the current profit is less than the maximum profit by the specified amount; generates the appropriate [[Stop]] order depending on whether the position is Long or Short. | ||
For example, if the specified amount is $50 and the profit has reached the maximum of $120, the position will be closed once the profit drops to $70. | For example, if the specified amount is $50 and the profit has reached the maximum of $120, the position will be closed once the profit drops to $70. |