Hello guys and gals
I am looking for a specific trade management tool (free or paid). Let me explain what I am searching for.
When I enter the trade I would like the program to move my SL to BE as soon as the price moves certain R in my favour (lets say 1R), then i would like the software to close part (this part to be adjustable) of my position at certain R (lets say 2R) and then close the remaining position at defined R (lets say 4R).
So in other words I would like to have risk management/taking profit defined and then managed as soon as I enter the trade, so there is no further need for me to be in front of the computer (I can't manage my trades due to my work).
I hope my explanation makes sense, if not I am glad to explain further.
Any help will be greatly appreciated!
I am looking for a specific trade management tool (free or paid). Let me explain what I am searching for.
When I enter the trade I would like the program to move my SL to BE as soon as the price moves certain R in my favour (lets say 1R), then i would like the software to close part (this part to be adjustable) of my position at certain R (lets say 2R) and then close the remaining position at defined R (lets say 4R).
So in other words I would like to have risk management/taking profit defined and then managed as soon as I enter the trade, so there is no further need for me to be in front of the computer (I can't manage my trades due to my work).
I hope my explanation makes sense, if not I am glad to explain further.
Any help will be greatly appreciated!