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Overheat reduction

Pro Spot · Medium risk

A size is bought first. The position is reduced when sentiment and volume are both extended and price has already risen.

Usage

Intended use

Intended for reducing exposure at an extreme, not for shorting.

Execution

A reduction below 100% does not close the position in one order. Shorting is off.

Before creation

The preview states the share sold in one reduction, and that the remainder remains.

After it is running

Attention can continue to rise. The remainder stays until the next condition, or is left to the user.

Allocated funds can be lost in full.

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