Profit targets, stop-losses, and trailing stops

Profit targets, stop-losses, and trailing stops are your primary risk management tools. When configured, Jorg AI automatically sells positions that hit your thresholds.

How they work:

During market hours, Jorg AI continuously monitors all your open positions against their targets. When a threshold is hit, a sell order is placed automatically.

Setting targets:

You can set targets in two places:

1. Default settings (Settings > Trading): Applied to every new position unless overridden
2. Per-order (Trading page): Override defaults for individual trades

Profit target:

Sell when the position gains a specified amount. Set as a percentage (e.g., 5%) or a dollar amount (e.g., $50). You choose one type per target, not both simultaneously.

Stop-loss:

Sell when the position loses a specified amount. Set as a percentage or dollar amount. Protects against large losses.

Trailing stop:

A dynamic stop-loss that moves up as the price rises but never moves down. Set as a percentage (e.g., 3%). If a stock rises 10% then drops 3% from its peak, the trailing stop triggers a sell. This lets you ride upward trends while protecting gains. Configure the default trailing stop percentage in Settings > Trading.

Min hold period:

You can also set a minimum hold time (in hours). After this period expires, the position will be sold at the first sign of any profit - even $0.01. This is useful for strategies where you want to lock in gains after a holding period.

Example configuration:

• Profit target: 5% (sell when position is up 5%)
• Stop loss: $50 (sell when losing $50)
• Trailing stop: 3% (sell when price drops 3% from its peak)
• Min hold: 4 hours (after 4 hours, sell at first profit)