Time Based Stops

Discussion in 'Automated Trading' started by Craig66, Apr 21, 2011.

  1. Time-based stop is to establish the validity of an entry.
     
    #21     Apr 24, 2011
  2. If I read you correctly, rather than use the equation "time-in-trade/movement-over-the-period" as a/the determinant on whether to close the trade you view it as telling you whether to abort or scratch the trade.

    I assume for those that are not aborted based on the time/performance equation you would simply manage them in the normal fashion rather than have "time in" as a factor?

    Interesting take.


     
    #22     Apr 25, 2011