Tutorial Step - Taking a Position
- The Open Stage is activated to deal with order execution in entering the position.
- The Manage Stage is activated to monitor stop loss and take profit targets. It is possible that targets are hit even before actually executing the orders to take the position, and that is the reason why the stage must be activated immediately.
Testing a Trading Idea - The Other Stages — TOC
You just did step 3 in the tutorial.
1. Testing a Trading Idea - The Other Stages Tutorial
2. Tutorial - The Other Stages
3. Tutorial Step - Taking a Position
4. Tutorial Step - Initial Targets....
5. Tutorial Step - Look Around!
6. Tutorial Step - The Target Rate
7. Tutorial Step - How Do We Go About It?
8. Tutorial Step - The Target Size
9. Tutorial Step - The Whole Balance?
10. Tutorial Step - Initial Balance vs. Balance
11. Tutorial Step - It's The Balance!
12. Tutorial Step - There It Is!
13. Tutorial Step - Copy The Node's Path!
14. Tutorial Step - Circling Back!
15. Tutorial Step - Time to Talk Execution!
16. Tutorial Step - Let's Do Some Reading!
17. Tutorial Step - Execution Algorithm
18. Tutorial Step - Market Sell Orders
19. Tutorial Step - 100% of 100% = ?
20. Tutorial Step - Create Order Event
21. Tutorial Step - Simulated Exchange Events
22. Tutorial Step - Close Stage Event
23. Tutorial Step - Back to the Order
24. Tutorial Step - Here's The Thing!
25. Tutorial Step - It's All About References!
26. Tutorial Step - The Tricks of the Trade
27. Tutorial Step - Position Management
29. Tutorial Step - Managed Stop Loss
30. Tutorial Step - Entry Target Rate
31. Tutorial Step - Managed Take Profit
32. Tutorial Step - Closing a Position
33. Tutorial Step - Initial Targets
34. Tutorial Step - How to Find Stuff
35. Tutorial Step - And the Winner Is...
36. Tutorial Step - Target Size in Quoted Asset
37. Tutorial Step - Market Buy Order
38. Tutorial Step - This is it!
39. Tutorial Step - We're almost done!
40. Tutorial Step - First Backtest!
41. Tutorial Step - Ready to Rock....?
42. Tutorial Step - Trading Systems Position
43. Tutorial Step - The First Position
44. Tutorial Step - Chronology of a Position
45. Tutorial Step - Manage and Close
46. Tutorial Step - Time Frame Matters!
48. Tutorial Step - Confusing?
50. Tutorial Step - Actual Size
51. Tutorial Step - Size Placed
52. Tutorial Step - Order Management
53. Tutorial Step - Back to the Position!
54. Tutorial Step - The Key Moment
55. Tutorial Step - March 18th
56. Tutorial Step - March 28th - April 1st
57. Tutorial Step - Sep 5th - Sep 14th
58. Tutorial Step - The Prediction Game
59. Tutorial Step - Is There Room For Nuance?
60. Tutorial Step - What is the Nuance?