spp
03-03-2006, 03:29 PM
Hello
I have a question on the exit system discussed in the MTP training course.
Assume one is using multiple trading units. Say your trading plan is to use a one bar trailing low to exit one trading unit at the first WPT & another unit in the same way at the second WPT, etc. as the training course discusses.
Say the trailer is not triggered at the first WPT. At the 2nd WPT you resume the one bar low trailer. If that trailer is then triggered at the 2nd WPT would you exit just one unit? Or would you exit two units - both the one that you could've exited at the first WPT and the unit that was eligible to be covered at the 2nd WPT?
Realizing there's no "right" answer, I'm asking interested in what the MTP team does in these situations & any users with more experience than I.
Thank you
Sean
I have a question on the exit system discussed in the MTP training course.
Assume one is using multiple trading units. Say your trading plan is to use a one bar trailing low to exit one trading unit at the first WPT & another unit in the same way at the second WPT, etc. as the training course discusses.
Say the trailer is not triggered at the first WPT. At the 2nd WPT you resume the one bar low trailer. If that trailer is then triggered at the 2nd WPT would you exit just one unit? Or would you exit two units - both the one that you could've exited at the first WPT and the unit that was eligible to be covered at the 2nd WPT?
Realizing there's no "right" answer, I'm asking interested in what the MTP team does in these situations & any users with more experience than I.
Thank you
Sean