EdgeWare FastBreak Standard Version 6.5 User Manual

Page 41

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Stop Loss Tab

Click on the Stop Loss Tab to see the following screen:

A stop loss is used to close or “stop” out of a fund position because of a stop parameter
violation. FastBreak allows selection from many different stop loss functions or combi-
nations of functions. If the fund has been held less than “STRF Min hold” when the stop
generates a sell the “Short loss” value will be subtracted from the strategy returns.

You can enter stop loss functions for two separate time intervals. For example, you may
want to have a very loose stop during the first 30 days of buying a Select fund (This will
help avoid getting stopped out and incurring the short term trading fee). After 30 days
you can use a tight stop to help preserve more of your gains. An example will be provided
below.

You do not need to use both time intervals. For example, if you want the same stop func-
tion value for the entire time you are holding a fund, then you do not need to use the sec-
ond time interval. You only need to select the first time interval box and put a 1 in the
first time box and a large number (999) in the second time period box. An example will
be provided below.

Note: You can't use the second time interval without using the first time interval.

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