add ability to take profit on every stop besides just %G/L
%G/L is the only stop which allows taking a profit, why? RT<1 is a great stop, if I have a 50% Gain, I don't want to wait for the RT to go below one to be left with whatever profit may still be available, I want to take the 50% profit. Same applies to every stop in the program, why allow a good profit disappear by waiting to get stopped out? Is the name of the game taking profits or getting stopped out? This of course needs to be added in portfolios and backtest
15
votes
Perry Madich
shared this idea
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Larry Gutt
commented
We need Stops that can be different for a profit than for a loss.