four
5,087 posts
msg #91119
- Ignore four
modified |
4/13/2010 1:16:11 AM
Request: Please suggest an exit strategy (stoploss?)
hp722c
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gmg733
788 posts
msg #91448
- Ignore gmg733 |
4/20/2010 7:05:37 PM
Don't know what you're looking to do, but how about...
After entry, stoploss is below prior day low + YxATR
Move stop loss everyday to current or prior day low until break even
Let the winner run and move stops below swing point lows
Or maybe try this...
http://www.youtube.com/watch?v=xE3kX7j7h2c
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four
5,087 posts
msg #91466
- Ignore four |
4/20/2010 11:39:13 PM
Please provide more information: "move stops below swing point lows"
Thanks, again
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four
5,087 posts
msg #91506
- Ignore four
modified |
4/21/2010 10:46:05 PM
@gmg733, thank you
------StopLoss and BuyLimit--------
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gmg733
788 posts
msg #91518
- Ignore gmg733 |
4/22/2010 8:15:06 AM
Standard swing trading stuff. You trail the stop unitl break even. Then let her ride. The position, assuming long, will move up and then pull back creating a swing point low, i.e. where most swing traders enter, and then simply move the stop up to that point after it resumes its up trend..
Look at FCX from about July to Dec of last year. You'll move the stop under at the swing low points.
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fortyfour
189 posts
msg #91519
- Ignore fortyfour
modified |
4/22/2010 9:16:23 AM
Hey four,
Like your filters... can you make this one better? I am not realy happy with it.
Who doesnt occasionally mis-trust sell offs due to tea leaves etc.... and does not pull the trigger ?
This filter tries to latch that event( the selloff) ....... and wait for a re-test and hold of the recent low after showing some sign of strength
Sort of a short term double bottom. I think one could specialize in this pattern alone ,but..... say goodbye to "V" bottoms.
Its easy to see where the stop should go .
Add the trend phrase and you got pullbacks ? Well maybe a few....
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four
5,087 posts
msg #91524
- Ignore four |
4/22/2010 12:29:14 PM
fortyfour,
thanks for the thoughts
and critique
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four
5,087 posts
msg #91550
- Ignore four |
4/23/2010 10:44:13 AM
gmg733
Thank you
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four
5,087 posts
msg #91586
- Ignore four |
4/24/2010 1:18:19 AM
Professional Stock Trading
System Design and Automation
Mark R. Conway, Aaron N. Behle
ISBN 0-9718536-4-9
Has anyone read this book?
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four
5,087 posts
msg #92339
- Ignore four |
5/8/2010 2:11:55 AM
-fortyfour
RE: 4/22/2010 9:16:23 AM
This catches 'V' bottom
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