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Old 17th December 2011, 08:54 AM
The Ocho The Ocho is offline
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Join Date: Aug 2010
Posts: 1,037
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I use BF Bot Manager and it too has a trailing stop loss which I am using with my testing however I'm not sure that you've quite got it right.

A trialing stop loss has to have the loss inputted that you want. In your example a $70 trailing stop loss would only kick in after your $100 profit goes down by $70 to $30 (It is $70 below your highest point).

Of course you can make the stop loss less if you change it during the day but, otherwise your money will go back by the amount you set the trailing stop loss.

Yesterday the bot was about 55c short of $25 (the highest point of the day) before it lost $10 and I finished with $14.45. That's 5 days of $25 profits plus one of $14 betting $5 stakes (if I had of stopped at $25 eralier in the week ).
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