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Date/Time: Sat, 27 Apr 2024 16:46:24 +0000



Post From: Global Profit / Loss Management - flatten based on %

[2018-12-28 10:38:54]
User7817001 - Posts: 96
In the book 'One Good Trade' from OBS contains two (2) great rules to control the down side, OBS enforces these rules on all speculators.

Sierra Charts Global Profit / Loss Management has both, nearly both, which is great.
1) Daily Net Loss Management, no changed needed, 100% match with OBS
2) Daily Net Profit Management > Trail Daily Net Profit, an addition needed, add % to the existing $ you have, please see attachment for details

Adding a field for % will provide a linear trail, the current $ is non-linear

thank you
mark
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