Mostly Neutral, But Extended - January 23, 2012

[pdp-brugge]

Billy,

If the stop is hit on our short IWM Robot trade, the Robot suggest to make a new short entry at 79,85.
If both conditions are met, will that second trade (short @79,85) also be in the official IWM Robot track report?

PdP

[Billy]

Billy,

If the stop is hit on our short IWM Robot trade, the Robot suggest to make a new short entry at 79,85.
If both conditions are met, will that second trade (short @79,85) also be in the official IWM Robot track report?

PdP

No. The IWM robot never exits an old trade and enters a new one on the same day. If the robot is stopped out it will only re-enter at the the next day’s limit if an edge is still present overnight. Note that it is not the case with the GDX robot.
All secondary entries are for discretionary trades only and are never included in the robot’s track record.
Billy