A stop at the 9EMA would be a 4.2% loss, which is a bit more
than the max moves in a day, which, yes, would have been more
appropriate. Below 9EMA would be 5%, kind of
large. I was thinking more risk / reward ratio of 1:3,
willing to risk 2% for potential gain (target) of 6%.
Side question: Why (regular/simple) Moving Averages on 20, 50,
200, and Exponential Moving Averages on 9 and 5? Why EMA not
SMA?
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EXPR - appropriate stops discussion / example
EXPR follow up
Posted by Walt on 17th of Aug 2016 at 12:17 pm
A stop at the 9EMA would be a 4.2% loss, which is a bit more than the max moves in a day, which, yes, would have been more appropriate. Below 9EMA would be 5%, kind of large. I was thinking more risk / reward ratio of 1:3, willing to risk 2% for potential gain (target) of 6%.
Side question: Why (regular/simple) Moving Averages on 20, 50, 200, and Exponential Moving Averages on 9 and 5? Why EMA not SMA?