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Hi,
I'm not sure if this is the right forum. If not, sorry I'll move it!
I'm just wondering if anyone knows the basis of the turtle profitable exit strategy.
My understanding is that "profitable" should be anything above the breakeven point. E.g. 4 trades at;
100,110,120,130 would breakeven at 115.
Therefore if the price was to move above 115 an exit would occur on a 10 day high/low?
Am I way off the mark?
I'm not sure if this is the right forum. If not, sorry I'll move it!
I'm just wondering if anyone knows the basis of the turtle profitable exit strategy.
My understanding is that "profitable" should be anything above the breakeven point. E.g. 4 trades at;
100,110,120,130 would breakeven at 115.
Therefore if the price was to move above 115 an exit would occur on a 10 day high/low?
Am I way off the mark?