Topic: close all trades when it hits your weekly target
My weekly target at this moment is +2000 euro
it came to my attention that last 3 weeks i had a loss end of the week (demo) but each week there was a moment that i had a +2000 (positive float - loss/win so far that week) which was my weekly target, see per example
Allthough at this moment i don't close anything manually since i want to shift the better EA's from the
worse EA's i was wondering if anyone here simply closes all the trades and stops trading when that weekly target is met??
If there is anyone working with a weekly target anyway
On the long term though when i trade live with EA's i might set the weekly target hard so that if the
target is met that weekend all is closed and i stop trading.
The concept probably behind this that if you have a very good impulse move which is good for certain
EA's (having a suddenly high positive float) it might be that its good to close all at that moment instead
of waiting for a close by the EA and giving a way xx% of the impulse move again.