At what price will my profits be booked?

Streak - backtesting
1

Hi @Streak ,

I have question related to Target profit booking in positional / stock holding trade.

For Example: I have stock with target profit 2% set in streak but next day market GAP up 6% from my purchase price then how much profit will be booked 2% or 6%.

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Hi @bill_gates

Once your strategy is in the Entered state, Streak tracks its SL & TP levels constantly in the backend on an LTP basis and an alert is only generated once the price breaches the levels.

As per your example, for a CNC strategy the price opens a 6% gap-up on the next day then an alert will be generated immediately as the TP level of 2% is breached. Please note the profit booked by the trade will depend on when the one-click actionable notification is placed by you.

To understand the order flow of a strategy refer below:

Hope this clarifies. If you have any more queries you can ask here and I’ll be happy to help. Alternatively, you can also reach out to us at [email protected]

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