20. Stops, targets, trailing and re-entry
Per-leg stop-loss and target, trailing stop, move stop to cost, and re-entries. · 0:43
Transcript
Each leg has its own stop-loss, in percent or in points. Here, 25 percent on each option we sell.
Add a target the same way: say, 50 percent.
Open the extra settings to trail the stop. Every time the price moves 10 percent your way, the stop tightens by 5.
Tick Re-enter to take the trade again after a stop-loss, up to five times a day.
And for the whole strategy: when the first leg is stopped out, move the other legs' stops to their entry price.
Thank you for watching. Try it yourself, free, at algrow.biz.