Posted by oldtrader on 3rd of Nov 2010 at 04:13 pm
Your putting in your stop losses way to tight, Based upon my
chart work your stop should have been somewhere around 41.50 to
42.00'
You need to give your positions some room to breath, some high
beta plays will move 5 points in either direction on any given
day. If you want HPQ they will most likley fade the stock at
the open tomorrow.
hpq - price action??
Posted by frtaylor on 3rd of Nov 2010 at 02:19 pm
Can anyone explain the price action just now on HPQ? I just got stopped out....
HPQ
Posted by oldtrader on 3rd of Nov 2010 at 04:13 pm
Your putting in your stop losses way to tight, Based upon my chart work your stop should have been somewhere around 41.50 to 42.00'
You need to give your positions some room to breath, some high beta plays will move 5 points in either direction on any given day. If you want HPQ they will most likley fade the stock at the open tomorrow.
frtaylor - c'mon man -
Posted by steve on 3rd of Nov 2010 at 02:23 pm
frtaylor - c'mon man - the FOMC was just released causing the volatility.
Aw, I know, I just
Posted by frtaylor on 3rd of Nov 2010 at 02:27 pm
Aw, I know, I just was caught off guard.... How stupid am I?
HPQ--
Posted by fixdgear on 3rd of Nov 2010 at 02:37 pm
this is a blue chip...they tend to have more consistency...still time to buy it.imho
FOMC statement, market is very
Posted by matt on 3rd of Nov 2010 at 02:21 pm
FOMC statement, market is very volatile when that comes out, you need to have stops wider.
look at a chart of
Posted by Michael on 3rd of Nov 2010 at 02:21 pm
look at a chart of what the indexes are doing, there are extreme moves up and down........lots of short term stops being run