Algo Q&A by Kevin J. Davey
LOCKING IN PROFITS
While monitoring automated strategies I am very tempted to lock in profit if I see a specific strategy has accumulated some. Do you also experience this and is it wise to do?
This is a great question, one faced by most algo traders at some time or another. Open profits are tempting to cash in, and if one times it correctly, they can re-enter at a better price and then be in sync again with their algo ...