Posted by DigiNomad on 13th of Dec 2023 at 03:18 pm
"the stop is always placed at the most recent swing low" -
confirms my point. If the move that triggered the buy was a large
one, the initial stop will be wide.
Posted by James_Roe on 13th of Dec 2023 at 03:26 pm
The initial stop on the most recent SPY entry was 6.2%, if you
invested 10% of your portfolio you would only be risking .62% of
your total equity on the trade, and you would now be up 14% on the
trade, or 1.4% on your portfolio.
NO it doesn't and it's not wide geez guys. the last higher low.
That's just logical. And I'm referring to daily systems,
QQQ daily went long on 10/31 at 350.87, stop was the low from 3
days before at 342.4. That's logical on a daily - it's not a 10 min
chart, where's it going to place the stop, at the low that day? the
previous day? Do you realize that would vastly increase the stops
outs and whipsaws. On daily stop has to be wide enough to account
for noise
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"the stop is always placed
lol ...
Posted by DigiNomad on 13th of Dec 2023 at 03:18 pm
"the stop is always placed at the most recent swing low" - confirms my point. If the move that triggered the buy was a large one, the initial stop will be wide.
The initial stop on the
Posted by James_Roe on 13th of Dec 2023 at 03:26 pm
The initial stop on the most recent SPY entry was 6.2%, if you invested 10% of your portfolio you would only be risking .62% of your total equity on the trade, and you would now be up 14% on the trade, or 1.4% on your portfolio.
Math for the win! Again!
Posted by greggone on 14th of Dec 2023 at 11:51 pm
Math for the win!
Again!
NO it doesn't and it's
Posted by matt on 13th of Dec 2023 at 03:23 pm
NO it doesn't and it's not wide geez guys. the last higher low. That's just logical. And I'm referring to daily systems,
QQQ daily went long on 10/31 at 350.87, stop was the low from 3 days before at 342.4. That's logical on a daily - it's not a 10 min chart, where's it going to place the stop, at the low that day? the previous day? Do you realize that would vastly increase the stops outs and whipsaws. On daily stop has to be wide enough to account for noise