Why is trading without stop-loss considered absurd for many! - page 30
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But what if you put a stop-loss order at the SL level, closing the position?
Locking in the sense of "locking" is a way of locking in losses - i.e. it is essentially the same as a stop loss but without closing the position.
By the way, there are strategies for which stop-out closures are built into the strategy itself - Martin, Ilan-like strategies.
By the way, there are strategies for which closing on a stop-out -- inherent in the strategy itself -- martin, ilan-like strategies.
How I love it when you try to put me down year after year, whether you wrote it a year ago, or two years ago, or five years ago, when I had the old profile, I am genuinely in awe of you all the time
... Take Profit operation ( or stop loss at breakeven and onwards to the positive side).
A loss is a price movement (negative price movement) that results in a decrease in the profit of a position.
Therefore, a stop loss placed at breakeven is still a stop loss, i.e., a mechanism for capturing/limiting losses on negative price movements
Locking in the sense of "locking" is a way of locking in losses - i.e. it is essentially the same as stop-loss, but without closing the position.
How I love it when you try to put me down year after year, whether you wrote this a year ago, two years ago, five years ago, when I had the old profile, I am genuinely "in awe" of you all the time
There's an expression: "no one but you".
It's best to talk about the topic of the thread and not get personal.
You brought up the topic -- I made points strictly on topic -- made points not just for you, but more for others, for those who read the thread.
How I love it when you try to put me down year after year, whether you wrote it a year ago, two years ago, five years ago, when I had an old profile, I am truly in awe of you all the time.
Yes, we open a lock when a favourable moment for a losing position arrives. I call it "lift counterbalance". I mean, a lift can't work without a counterweight.
I distinguish between lock a) as a lock and b) as an opposite opening position.
The difference is that in the case of "a) a lock as a lock", it is the fixing of a loss that must be dealt with later.
In the case of "b) lock as opposite opening", this is simply the opening of a position, and this opening is followed by the rules of the strategy.
p.s. For example, the bidirectional grid -- "lock as lock" is not used here, is not the essence of the strategy.
I distinguish between lock a) as a lock and b) as an opposite opening position.
The difference is that in the case of "a) a lock as a lock", it is the fixing of a loss that must be dealt with later.
In the case of "b) lock as opposite opening", this is simply the opening of a position, and this opening is followed by the rules of the strategy.
p.s. For example, the bidirectional grid -- "lock as lock" is not used here, it is not the essence of the strategy.
Here is more details, please, because now I also check potential and risks of such TS. So, the trend-following and counter-trend strategies are living each in its own life inside one account. True, I do not have a grid. Only the trend strategy is optimised, while the counter-trend strategy always puts positions against the main strategy.
What is there to elaborate on? We just defined a lock as a stop loss (loss limitation) without closing positions.
If oppositely directed positions are opened in the same account simultaneously -- and they are living the life of the strategy -- these positions are not locks.
When a lock is placed , it is understood as a fixing of losses, and there is a corresponding attitude to it -- that is, there are essentially two options:
a) to make profit on other openings and close the lock
b) part or all of the tray is understood as a simple opening of a position, it is introduced into the strategy and managed according to the rules of the strategy.