Quote Originally Posted by Pierre Brodeur View Post
This morning we have the following

These are the settings for managing the stop loss of an existing position in related ETFs.
These settings are calculated from the IWM settings. Note that we do not keep track of the original position entry level. :
RWM: Trailing stop loss for a trade that started on 12/1/2011: 32.01
UWM: Trailing stop loss for a trade that started on 12/1/2011: 30.25
TWM: Trailing stop loss for a trade that started on 12/1/2011: 44.99
TNA: Trailing stop loss for a trade that started on 12/1/2011: 36.32
TZA: Trailing stop loss for a trade that started on 12/1/2011: 33.74

As suggested by Billy (if I understood correctly, I took a BASE position in IWM and added a 2/3 position in TNA.
-1- Under what condition(s) are we to enter the last 1/3 position in TNA, if your care to comment Billy?
-2- I am somewhat surprised that the system would suggest stop losses for SHORT positions which are the opposite of what the robot has suggested. It adds to confusion IMHO and I think only the long positions should be showed.
This is a positive constructive suggestion

Pierre,


I use the "short" positions limit a lot myself when the Long signal is issued: I would simply short TZA or TWM.
Therefore, these stop loss on the TWM/TZA shorts are important for my own trading.

Do not forget that when a BUY signal is issued, going SHORT TZA should be more profitable than going LONG TNA. However, shares availability might be limited.


Pascal