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Can you adjust stop losses and take profit targets
IchiTrader63
 Post subject: Can you adjust stop losses and take profit targets Post rating: 0   New post Posted: Thu 24 Nov, 2011, 20:38 

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Hello all! In the demo trading contest can you adjust your stop loss or take profit targets once the trade is initiated? Are you able to close a trade before targets are reached? THANKS!
 
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 Post subject: Re: Can you adjust stop losses and take profit targets Post rating: 0   New post Posted: Mon 28 Nov, 2011, 15:33 
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Joined: Wed 21 Apr, 2010, 10:42
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IchiTrader63 wrote:
Hello all! In the demo trading contest can you adjust your stop loss or take profit targets once the trade is initiated? Are you able to close a trade before targets are reached? THANKS!


Yes, both actions are possible. Closing positions by market orders is not favored in the statistics though.
Adjustments are possible an unlimited amount of times provided you adjust the SL/TP levels within the +/- 2% corridor from the entry/current market price.
 
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