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Explain exit from pair that goes against you
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Topic: Explain exit from pair that goes against you (Read 5653 times)
anton zhukov
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Explain exit from pair that goes against you
«
on:
August 17, 2013, 07:40:16 am »
I understand the situation, when you take profit.But how you close stop-loss?
thanks in advance
«
Last Edit: August 17, 2013, 07:46:48 am by anton zhukov
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admin
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Re: Explain exit from pair that goes against you
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Reply #1 on:
August 19, 2013, 04:36:48 am »
Stop loss is time-based only. Example: "close my positions after 20 days in any case".
See the "Max Days (Time Stop Loss)" section here:
https://wiki.pairtradinglab.com/wiki/Pair_Trading_Lab_Algorithms_%26_Strategies
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Explain exit from pair that goes against you