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  • #72418 quote
    ChrisNYE
    Participant
    Senior

    Lets say I have a triggered long trade at 1pm and then 8 hrs later my system triggers a short while I still have my active long trade.

    The question I have is do I set parameters to keep current trade open until it completes by either taking my profit or stop loss OR do i close trade and enter short at market?

    #72422 quote
    Nicolas
    Keymaster
    Master

    It’s a very open question. It obviously depends on the strategy in question. There is no real definitive answer to the question 🙂
    The best way to know what’s best is to do a thorough analysis with:
    _ a strategy that closes and opens in the opposite direction as soon as a new signal appears
    _ make 2 different strategies and combined their results using Excel for example

    #72425 quote
    ChrisNYE
    Participant
    Senior

    Thank you noted

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General Trading: Market Analysis & Manual Trading

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ChrisNYE @chrisnye Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by ChrisNYE
7 years, 8 months ago.

Topic Details
Forum: General Trading: Market Analysis & Manual Trading
Language: English
Started: 06/06/2018
Status: Active
Attachments: No files
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