when the market is a lot whipper stocks can be more volatile and
would likely need wider stops if you wanted to swing. But the
thing is, there are times to shit back and watch from the sidelines
or trade more quickly and not swing.
an example, Steve and I had a member tell us on more than one
occasion that they just wanted setups they could hold for 6 months.
LOL that sounds great but you can't plan on that, when market
conditions change you can throw that out the window. Point
is, there are times to keep things tigher and if you don't have the
ability to do that if work jobs, maybe being on the sidelines in
cash is best in times like that, remember cash is a position
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a few trade setups
Posted by matt on 28th of Mar 2018 at 09:17 pm
SHLD - Chart Link - nice volume coming into this one and nice base
NJR - Chart Link - possible Inv H&S
CAL - Chart Link - breakout play but shows relative strength in this weak market
XBIT - Chart Link - long basing pattern, need to see a good volume break
Given the whippiness of the
Posted by rojoch on 29th of Mar 2018 at 09:07 am
Given the whippiness of the market, where would be good places for stops if these trigger?
when the market is a
Posted by matt on 29th of Mar 2018 at 09:46 am
when the market is a lot whipper stocks can be more volatile and would likely need wider stops if you wanted to swing. But the thing is, there are times to shit back and watch from the sidelines or trade more quickly and not swing.
an example, Steve and I had a member tell us on more than one occasion that they just wanted setups they could hold for 6 months. LOL that sounds great but you can't plan on that, when market conditions change you can throw that out the window. Point is, there are times to keep things tigher and if you don't have the ability to do that if work jobs, maybe being on the sidelines in cash is best in times like that, remember cash is a position