not sure how quantitative it is, but FTK is an example of a
whippy stock with lots of tails. They have a character prior
to their breakout. When I see that I know it needs the full
coil width for a stop, even if that forces me to trade less shares
(ie. less shares, bigger stop range) This has helped me
immensely. Good luck to all and Matt and Steve have been
killing it lately so big thanks.
not sure how quantitative it
FTK coming back alive!!
Posted by erikvik on 14th of Oct 2020 at 05:07 pm
not sure how quantitative it is, but FTK is an example of a whippy stock with lots of tails. They have a character prior to their breakout. When I see that I know it needs the full coil width for a stop, even if that forces me to trade less shares (ie. less shares, bigger stop range) This has helped me immensely. Good luck to all and Matt and Steve have been killing it lately so big thanks.
Well stated erik
Posted by steve on 14th of Oct 2020 at 06:18 pm
Well stated erik