aztrix Member Posts: 23 Joined: 8/28/2021 Location: Sydney, NSW, Australia  User Profile | In practice what happens is that when the tighter stop is triggered 50% of the position is sold and it goes on to test the 2nd leg and if the looser stop is triggered the remaining position is sold, potentially on the same bar I use it all the time for other stops and it works perfectly. Attached is my default trade plan which fleshes out the missing details from what I sent you earlier, I hope this helps? Cheers Aztrix P.S. IMHO If my stop loss has been triggered the market is sending me a message and it's then up to me whether I choose to listen so I generally take the view that it was the wrong trade and I protect my capital. Either that or my stop loss is too tight in the first place and I may review after the trade  Attached file : OT22 CBL #1.PNG (20KB - 176 downloads) |
