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.
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HPQ
hpq - price action??
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.