EdgeWare FastBreak Standard Version 5 - Manual (Page 37)

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Stop Loss Tab
Click on the Stop Loss Tab to see the following screen:
A stop loss is used to close or “stop” out of a fund position because of a stop parameter
violation. FastBreak allows selection from many different stop loss functions or combi-
nations of functions. If the fund has been held less than “STRF Min hold” when the stop
generates a sell the “Short loss” value will be subtracted from the strategy returns.
You can enter stop loss functions for two separate time intervals. For example, you may
want to have a very loose stop during the first 30 days of buying a Select fund (This will
help avoid getting stopped out and incurring the short term trading fee). After 30 days
you can use a tight stop to help preserve more of your gains. An example will be pro-
vided below.
You do not need to use both time intervals. For example, if you want the same stop func-
tion value for the entire time you are holding a fund, then you do not need to use the sec-
ond time interval. You only need to select the first time interval box and put a 1 in the
first time box and a large number (999) in the second time period box. An example will
be provided below.
Note: You can't use the second time interval without using the first time interval.