Jim Dean Sage     Posts: 3433 Joined: 3/13/2006 Location: L'ville, GA  User Profile | And the hits just keep on comin' - thanks again, Matthew, for the lucid explanation. Tho you did not mention it, the list of virtual stops avail does include OLang stops, afaik. Vereee good. The only confusion (or heartburn) I have with this is related to the statement you made: if you have all loss stops or profit stop (you can not do both within the same step). I really, really need to be able to have both a loss and a profit stop active at the same time - in fact, I prefer two of each. Typically one of each is a partial exit, and the other of each is a full exit. Profit stops (I call them "profit grabs") are set up to capture short-term statistical outliers (ie highs beyond 3 SD's), while trailing stops are there to prevent riding a position, once profitable, into loss. They both must be active at the same time. The broker can do this - isn't there a way for TP's to? If not, can - hope to presume that it's in the works?? Thanks again! | |
