Glossary ยท Lesson 6.21
Final Exit Rule
The final exit is the strategy's safety net. When its conditions fire, the simulator closes whatever portion of the position the sell levels have not already closed.
Definition
The final exit is the strategy's safety net. When its conditions fire, the simulator closes whatever portion of the position the sell levels have not already closed.
In FactorSage
Defined as a single condition group on every strategy. Treat it as the hard rule that protects against a broken thesis.
Related
- Sell levels and the final exitBacktesting