Term sheet — draft
Standing order
| Stage | Trigger | Sells, of position | Remaining |
|---|
Term sheet$OPENTERMStanding order
Set the schedule, the price triggers and the allocation rules once. Open Term carries them out on terms, buy by buy and exit by exit, so discipline survives the candle.
Recital
Most strategies are sound on the day they are written and abandoned on the day they are tested. A red candle moves the buy. A green one cancels the exit. Open Term separates the plan from the moment: you write the terms while you are calm, and the terms are what run.
Rules, not reactions.
Exhibit BSet the term. Let it run.
Accumulation runs on a calendar, not on a feeling.
Price levels are decided before the price arrives.
Profit is taken in stages, in the proportions you wrote down.
Every strategy has a start, an end and a ceiling.
Set the term. Let it run.
Write your schedule, triggers and exits. The sheet is drafted from your numbers as you type.
Drafted in your browser. Nothing is sent, signed or executed.
Term sheet — draft
Standing order
| Stage | Trigger | Sells, of position | Remaining |
|---|