Stop Loss LX: Difference between revisions
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=== Definition=== | === Definition=== | ||
Stop Loss LX allows to specify the maximum amount of money that you are willing to risk on any position or one share. The dollar amount to exit the positions at can be changed. Stop can also be calculated on a per share basis.<br> | Stop Loss LX (Long Exit) allows to specify the maximum amount of money that you are willing to risk on any position or one share. The dollar amount to exit the positions at can be changed. Stop can also be calculated on a per share basis.<br> | ||
Stop Loss LX will only generate an exit from a long position. | Stop Loss LX will only generate an exit from a long position. | ||
=== Usage=== | === Usage=== | ||
Long exit based on a specified dollar loss. | Long exit based on a specified dollar loss. |