Strategy 12: Trailing Stop-Loss Strategy

Trade Summary: The Trailing Stop-Loss strategy involves setting a dynamic stop-loss order that moves with the market price. This strategy helps in locking in gains while allowing for potential further upside.
  • Objective: Use a trailing stop-loss to automatically adjust the stop price as the market price increases, protecting gains while allowing for potential further growth.
  • Expected Outcome: Capture gains while protecting against downside risk through a dynamic stop-loss mechanism.
Trader Instructions:
  1. Input Information:
    1. Edit the ["placeholders"] in the prompt, such as Trader Goal, Asset Trading Symbol, and other input fields, with your specific asset details.
    2. Copy and paste the completed prompt into ChatGPT and submit for results.
  2. Execute Trade: Based on the output, set up a trailing stop-loss order according to the specified parameters. Follow specific instructions from prompt results.

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Trailing Stop-Loss Strategy I want to sell my crypto holdings automatically if the price drops by a certain percentage from its peak, ensuring that I lock in profits while allowing for potential further gains if the price continues to rise. Trader Inputs: - Trader Goal: [To protect profits while allowing for potential further appreciation] - Asset Trading Symbol: [ETH] - Total Tokens Held: [10] - Cost Basis per Token: [$2,000] - Trailing Stop-Loss Percentage: [10%] - Minimum Sale Price Target: [$7,000] - Assumed Capital Gains Tax Rate: [20%] - Additional Stop-Loss Order for remaining tokens after trailing stop: [No] Format the output prompt results in the following order: Disclaimer: This is not financial advice. The results from this prompt serve only as an AI planning, forecasting, and educational tool for crypto traders. Trade: Trailing Stop-Loss [Asset Trading Symbol] Strategy Trade Summary: Summarize the simulated trade as if executed correctly, based on the trader inputs. Highlight the Net ROI Amount as it applies to the trader's goal mentioned in the inputs. Calculate and Forecast Trade Numbers: • Original investment amount: • Gross ROI% based on trailing stop-loss: • Total Capital Gains: • Capital Gains Tax Liability Amount: • Net ROI%: • Net ROI Amount: • Total Tokens Held and Assumed Account Value after trailing stop-loss execution: • Total NET value breakdown: Trader Instructions: Provide specific instructions for setting up a trailing stop-loss order, specifying the percentage drop that will trigger the sale and any minimum price thresholds. Format Instructions Only (Do not include this information in the output results): • Ensure results are formatted optimally for user retention, using best practice font style, sizing, and design. • Include additional stop-loss order information only if the trader inputs [Yes] for the additional stop-loss option. • Present the information as a personal trade forecasting assistant.
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