You are here

Let your profits run

Error message

  • Notice: Undefined index: zen in drupal_theme_initialize() (line 98 of /home/www/best-trading-platforms.com/includes/theme.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in phptemplate_init() (line 12 of /home/www/best-trading-platforms.com/themes/engines/phptemplate/phptemplate.engine).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1295 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1326 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1295 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in view->render() (line 1326 of /home/www/best-trading-platforms.com/sites/all/modules/views/includes/view.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).
  • Notice: Trying to get property of non-object in drupal_alter() (line 1142 of /home/www/best-trading-platforms.com/includes/module.inc).

Intelligent trailing targets are a new way of taking profits. Intelligent targets allow traders to respect the classic trader saying: “Let your profits run and cut your losses short”.

The advantages of the intelligent trailing targets: 

  • Traders can squeeze more profit out of open positions.
  • They adapt to market conditions instead of being one-rule-fits-all.
  • They are automatically managed by the platform.
  • They help traders battle the human reflex of taking profits too sooner rather than later.
  • No programming is required.

Download a free real-time demo of the NanoTrader Full trading platform

TRADING PROFITS

Letting profits run is often an afterthought. Traders will maybe manually move their target once or twice without much strategy behind it. But before doing so, the trader must not give on to the human reflex of taking profit sooner rather than later.

Trailing targets use technical indicators to automatically manage target orders. In short:

-       target orders are based on technical indicators

-       target orders adapt to market conditions

-       target orders are moved automatically by the NanoTrader

-       target orders attempt to maximize profits

An additonal advantage of trailing target orders is that traders are no longer tempted by their instinct to take profit to soon.

A NEW WAY OF PROFIT-TAKING

The intelligent trailing targets in the NanoTrader platform take advantage of indicators in order to optimise the exit strategy for an open position. In an unbroken trend, for example, the profit targets are continuously shifted forward in an attempt to stay in the position as long as possible.

The NanoTrader manages the trader’s exit target automatically according to the criteria set by him.

TARGETS

The trailing targets can be based on the following technical analysis indicators and tools:

-       Bollinger bands

-       Average true range (the ATR is a measure of a market's volatility)

-       Moving average

-       Price channels

This example shows an intelligent target for a short sell position based on the Bollinger bands. The initial target is continuously lowered as long as the trend remains intact. This moving of the target order is automatically managed by the NanoTrader.

Profit target orders based on Bollinger Bands.

This example shows an intelligent target based on the ATR band.

Profit target orders based on the Average True Range (ATR) in Trailing Targets.

This example shows an intelligent profit target based on the moving average. Traders expecting the market price to return to an average price can place their target on this moving average price. The NanoTrader will keep the profit target order on the moving average as it evolves.

Trading exit strategy based on technical indicators (trailing targets).

BACKTESTING

The trailing targets are taken into account when backtesting.

Download a free real-time demo of the NanoTrader Full trading platform

Platform demo

Try a free real-time demo of the NanoTrader Free  (CFD, forex) or the NanoTrader Full (CFD, forex, futures & stocks).

Trading library

Download free e-books and reports from the trading library (Deutsch, Français, Nederlands, English).

Trading videos

Charting, strategies, automated trading, backtesting, playback... watch these videos and become a platform master.

Trading webinars

Join our free trading webinars and seminars (Deutsch, Nederlands, Français).

Broker

WH SelfInvest offers NanoTrader. This broker serves traders from offices in GermanyFranceSwitzerlandBelgiumLuxemburg and the Netherlands.

The spectacular SignalRadar

SignalRadar shows live trades being executed by various trading strategies.

Copyright 2016-2018. WH Selfinvest, 5 rue Thomas Edison, 2nd Floor, 1445 Luxembourg-Strassen, Luxembourg

Back to Top