In the second part of this series, I will explain how to cut losses with trailing stop orders through order events on QuantConnect.
There’s a trading adage espoused by many professional traders and investors that every new trader should learn to practice: “cut your losers and ride your winners.”
By having a disciplined approach to risk management, you can minimize the amount of money lost and lock in the gains made by getting out before the market goes against you.
In this story, I will walk through one of QuantConnect’s tutorials to explain how to cut losing positions and lock in profits with a trailing stop order. I will also attempt to supplement the tutorial with references to official documentation and 3rd party references.
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Justin Jimenez. Innehållet i podden är skapat av Justin Jimenez och inte av,
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