gdargento
01-07-2005, 06:22 AM
Is there a way to have a stop strategy that will tighten as price moves in the trade's direction? I know something like this can be done using all three steps but I'd like it to be continual (more than 3 steps).
For example, I'd like to set a profit target and an initial stop say 2 points from it. As the price goes in the trade's direction say every 1/2 point I'd like the stop to move 3/4 point.
Thanks
For example, I'd like to set a profit target and an initial stop say 2 points from it. As the price goes in the trade's direction say every 1/2 point I'd like the stop to move 3/4 point.
Thanks