I have a sim that tries to profit from TQQQ/TMF. It rebalances weekly. I usually run it on a Sunday evening but I ran it this morning and discovered soemthing weird (see attached jpg).
So TQQQ,SOXL and TECL were all bought on Monday which was a very positive day fro all of them but they have all rriggered a stoploss sale for today!! The stoploss is set to 15% trailing.
Thoughts anyone?
I see you also reported it a month ago. Sorry for the delay on this issue. It should be working as expected now.
Yes, it now looks to be working ok. Thanks
Trailing stop loss seems to be working as expected. Securities that exceed a price range of 15% (in your case) on a single day will be sold.
It’s not 100% correct because we can’t know the time in which the high and low were hit, but it’s simply the limitation of using daily prices to implement stop loss. For the same reason as previously stated, the current approach is as correct as excluding the day itself from consideration for trailing stop loss.