Trade Pro Controller’s stop-loss hedging logic! Operational status on gold as of yesterday, March 26
The Daemon Trigger feature of the Trade Pro Controller has been achieving continuous day-long profit-taking, with reverse-position logic for stop orders, butyesterday there was a modest 1% gain, which can happen on days like this.
Since the average daily return is 2%, this needs to be considered on a weekly or monthly basis. To be frank, the yields are already more than sufficient, soit would be pushing it to expect more.
Regarding risk management, as a guideline, once there are about 5 executed positions, it is advisable to use the tool’s margin % settlement feature to set a stop-loss standby of 10–15%.
Although it may result in a relatively large loss, with this logic you can recover any amount afterward, so it is better to view it as necessary expense and proceed.
While grasping the current range,adjust the stop-target point settings and thoroughly manage risk to maintain stable trading!
If you’re interested, please try the tool.
