Hedge and basket closing

[dan...@danielalexander.info]

 

I just had a breakout hedge close on an associated level 5 basket, running Mark's ultra file on 2G.

 

The TP for level 5 is about $4.

 

The hedge made $23.

 

The level 5 basket was NOT closed along with the hedge. The basket remains open looking for the $4 profit. It would be far better to have the basket close now restart at level 1 here...not sure why the basket is still going. As I type, I've just entered level 6.

 

Best regards

Daniel

[Rick Drake]

Basket's don't necessarily close when breakout hedges close. That will be the domain of Chameleon.

- Rick

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