One setup. A risk plan.
A review you can keep.

10 bps means 0.10% of entry value. This allowance covers assumed fees and spread/slippage together, once per original share. Actual costs can differ.

• Collect all: first daily close at or above +1R, or the original closing invalidation.
• Half + trail: sell half, rounded down to whole shares, at the first +1R close. Trail remaining shares one original risk unit below the highest prior close. With one share, no partial sale is possible.
• Hold: retain all shares until closing invalidation or the original five-session deadline.

Every exit uses a completed daily close, including gaps past a level. Intraday touches are not evaluated. A closing stop can lose more than your planned risk. R means the original planned dollar risk including the cost allowance. All policies end by the same deadline. Position size also has a $5,000 practice notional limit.