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The longer a position is open, the more risk we take on.
General idea taught by ICK is
10% of my max profit within 3 days, I take the money and re-deploy the capital.
20% of my max profit within 6 days, I take the money and re-deploy the capital.
30% of my max profit within 10 days, I take the money and re-deploy the capital.
40% of my max profit within 15 days, I take the money and re-deploy the capital.
50% of my max profit within 19 days, I take the money and re-deploy the capital.
If a position meets one of the criteria, then suggest to close it. (Email? Push notification? Web app?)
(Make sure with fees that it's a positive gain. Don't want to close trades too soon and go negative because of fees.)
Only care for this to be running during market hours.
The text was updated successfully, but these errors were encountered:
The longer a position is open, the more risk we take on.
General idea taught by ICK is
If a position meets one of the criteria, then suggest to close it. (Email? Push notification? Web app?)
(Make sure with fees that it's a positive gain. Don't want to close trades too soon and go negative because of fees.)
Only care for this to be running during market hours.
The text was updated successfully, but these errors were encountered: