Closing An automation for a locked profit.

[Diginet]

Hi,
I have some an automation which is losing at the min. However when watching I have noticed its often in profit but continues to trade and ends up at a loss.
How can I lock in a profit of say £3 of £100 or 3%?
I think this rule would completely change my winning results.


Thanks
Craig

[LinusP]

Green all selections if profit > £3

Will depend on how the automation is working as it may continue.

Or only let the automation work if profit < £3

[kelpie]

Sounds like you have other actions running? They don't know to switch off. Add a condition that they only fire if Green All Profit is less than GBP3.

Alternatively, just add a sound alert when Green All fires. Then, in Guardian manually uncouple your automation file from the market.

As a sidenote, is 3% winning enough for your bankroll strategy? If (when) you lose a ton that means well over two dozen winning markets to cover one losing. I don't know the details, of course, but you need to be sure that win/loss delta is not an Achilles.

Good luck!

[Diginet]

Hi,
Thanks for the quick replies.
I think I have it working OK now.Just gonna run it for a few more days And see the results.

As for the 3% Im just trying to build something which is working for now then improve that percentage by making adjustments.
Still very new to this so its slow progress.
However I have noticed a few big loses compared to lots of small wins.
What kind of percentages do you guys look for with automation ?

Thanks
Craig