DislikedThe percentages are for the day of that position. Meaning IF you had purchased a long at -.25% today and it reached 0% today you would sell half and hold half till to see if todays .25% was hit. Tomorrow you get new values for that day. So you need to keep track of daily values.
BR
To follow is a table
1lot -0.25( or +0.25 of course) – Exit half at 0.00, other half close to +0.25
lot 2 -0.25 – Exit on 0.25 pb/ re-enter at -0.50 from previous exit
lot 3 -0.25 – Exit on 0.25 pb/ re-enter at -0.50 from previous exit
lot 4 -0.50 exit 0.25 pull back (pb) - re-enter at -0.50 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -1.0 not -0.50
Exit on -0.50 not -0.25and re-enter on -1.0 from previous exit
lot 5 -0.50 exit 0.25pb – re-enter at -0.50 from previous exit
lot 6 -1 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 7 -1 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 8 -2 exit 1 pb – re-enter at -2.00 from previous exit
lot 9 -2 exit 1 pb – re-enter at -2.00 from previous exit
lot10 -3% double lots exit 2pb -– No re-entry, just hold until pbIgnored
so if I've bought on -0,35% yesterday I should exit half on 0 and exit all on +0,35% today? and so on? ...hm I would pobably take a loss on that trade
I guess I still don't understand the table well enough.
I may appear a bit dumb, but could you please explain it to me?
Thank you in advance
Regards