3309 Drysdale Ct
Edwardsville, IL 62025
Matt today the GDX system has now been in the trade 20 days, isn't it time to move the stops up to .5% over entry?
thanks and it's good system for swing traders.
yes I talked about that in my last newsletter, move stop sup to entry break even at the close today
Would we exit if the price goes below the stop at any point, or only if it closes below the stop?
yes if GDX hits the stop, you will be stopped out. at the close of the day, the stop will be moved up to entry price
Matt, is the GDX stop moved up to entry price ($50.17) or entry price + .5% ($50.42)?
Im also confused on this, 0.5% as per the system rules isnt it?
ADDIT : OK i get it now, original system didnt have the time rule.
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GDX system
Posted by ditch on 3rd of Sep 2010 at 09:37 am
Matt today the GDX system has now been in the trade 20 days, isn't it time to move the stops up to .5% over entry?
thanks and it's good system for swing traders.
yes I talked about that
Posted by matt on 3rd of Sep 2010 at 09:49 am
yes I talked about that in my last newsletter, move stop sup to entry break even at the close today
Would we exit if the
Posted by ascr on 3rd of Sep 2010 at 10:13 am
Would we exit if the price goes below the stop at any point, or only if it closes below the stop?
yes if GDX hits the
Posted by matt on 3rd of Sep 2010 at 10:17 am
yes if GDX hits the stop, you will be stopped out. at the close of the day, the stop will be moved up to entry price
Matt, is the GDX stop
Posted by stevedfw on 3rd of Sep 2010 at 10:29 am
Matt, is the GDX stop moved up to entry price ($50.17) or entry price + .5% ($50.42)?
0.5% or Entry price
Posted by maxeaus on 3rd of Sep 2010 at 01:13 pm
Im also confused on this, 0.5% as per the system rules isnt it?
ADDIT : OK i get it now, original system didnt have the time rule.