stop loss - Poor Performance Exit
I would also like to be able to set a stop to exit if the price does not achieve X% per annum pro rata N days after purchase. I don’t want to wait until it has lost a bundle to get out, I want to get out if it is not performing well enough, and get into one that is. Eg if I have a 10% per annum target, and the stock is only up 2% after 90 calendar days, I want to exit. If, having achieved 4% at 90 days (16% annual) it drops back to less than 10% subsequently, I again would also want to exit. There is no facility to exit in BackTester or Portfolios on this basis.
Michael Maher
shared this idea
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Adam Sciannimanica
commented
Further to this i think that vectorvest needs alot more stop loss options with pro trader. If you are entering a trade via MA's or bollinger bands then you should be able to use those features to exit the trade as well.