3 / 5 - day exit |
A popular way to sell a bought position using some of the short term models is based on 3 or 5 days from the buy date. Simply keep the position until 3 or 5 days have passed, then sell. This simple strategy is often used together with buy indicators that signal "over sold" situations. 3 / 5-day exit strategy only works with bought positions, and can be used for stocks as well as minifutures or other instruments. |
How to configure and connect the order model |
Connecting the 3 / 5 day exit strategy is simple:
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