No, however one thing I've discussed before is that if one
wanted to place a hard stop, could consider one below the max
historical draw down for the trade, which is -9.2%. Non
system comments, on the daily chart the 200 MA is not too far down
around 158.85, and there's an open gap from late Oct in the 157
range that could be short term targets over time. Again systems are
systems you either follow them or you don't, or you can put on
hedges.
for me as you know I have not liked the bigger chart of AAPL, I
bought some longer term puts when the monthly triggered below the
doji as a hedge
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Matt, is there a stop
Posted by zboy2854 on 2nd of Feb 2018 at 12:12 pm
Matt, is there a stop on the AAPL system? Seems like it's got a long way it could keep falling from these levels..
No, however one thing I've
Posted by matt on 2nd of Feb 2018 at 12:28 pm
No, however one thing I've discussed before is that if one wanted to place a hard stop, could consider one below the max historical draw down for the trade, which is -9.2%. Non system comments, on the daily chart the 200 MA is not too far down around 158.85, and there's an open gap from late Oct in the 157 range that could be short term targets over time. Again systems are systems you either follow them or you don't, or you can put on hedges.
for me as you know I have not liked the bigger chart of AAPL, I bought some longer term puts when the monthly triggered below the doji as a hedge