Posted by bravestar on 1st of Aug 2014 at 11:15 am
I SHORTED GBX and sold half, moved my stop down for the short,
but i am confused how to manage as u said it may go to its 50 and i
see fill gap is quite a ways down. but i will get stopped if
i keep my stop too close down. this is what i need education on.
does not have to be answered right now.
bravestar..you don't have to trade it all or none..consider
selling 1/2 and trailing the balance. With the market so extended
to downside, I like to book some profits on shorts. It's
wedging down on 15 minute.
Some Short Setups From Last Night Update
Posted by steve on 1st of Aug 2014 at 11:10 am
KYTH - Chart Link
CLDX - Chart Link
GOGO - Chart Link
GBX - Chart Link
Guys TRAIL stops down immediately and/or take some profits with the market stretched to downside
gbx
Posted by bravestar on 1st of Aug 2014 at 11:15 am
I SHORTED GBX and sold half, moved my stop down for the short, but i am confused how to manage as u said it may go to its 50 and i see fill gap is quite a ways down. but i will get stopped if i keep my stop too close down. this is what i need education on. does not have to be answered right now.
bravestar..you don't have to trade
Posted by steve on 1st of Aug 2014 at 11:21 am
bravestar..you don't have to trade it all or none..consider selling 1/2 and trailing the balance. With the market so extended to downside, I like to book some profits on shorts. It's wedging down on 15 minute.
stop out with profit GBX short
Posted by bravestar on 1st of Aug 2014 at 11:18 am
at 63.43