Thanks Matt. How do you size your trade if it's a GTC
order (i.e. When you're unsure what day it'll get filled on)?
Do use just use whatever the 9 EMA is at the time of entering
the Buy Stop Limit order as your probable initial stop, combine
with max $risk amount, and size your GTC trade size based on that?
Or do you use a constant $order size or constant #shares when
placing these GTC orders? Thx!
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Thanks Matt. How do you
Trade Ideas comments
Posted by rojoch on 21st of May 2018 at 12:15 pm
Thanks Matt. How do you size your trade if it's a GTC order (i.e. When you're unsure what day it'll get filled on)? Do use just use whatever the 9 EMA is at the time of entering the Buy Stop Limit order as your probable initial stop, combine with max $risk amount, and size your GTC trade size based on that? Or do you use a constant $order size or constant #shares when placing these GTC orders? Thx!