decide how much more to the upside to ARE willing to risk and
put a stop on it right now -- either a hard stop or a percent
trailing stop, and then be content with your decision.
Otherwise you'll be preoccupied with it and not able to focus on
doing any other proactive trading to better your
situation.
Just my idea.
decide how much more to
FAZ/SRS - opinions?
Posted by Michael on 23rd of Mar 2009 at 09:34 am
decide how much more to the upside to ARE willing to risk and put a stop on it right now -- either a hard stop or a percent trailing stop, and then be content with your decision. Otherwise you'll be preoccupied with it and not able to focus on doing any other proactive trading to better your situation. Just my idea.
The swing trade on FAZ
Posted by junkmaylbox on 23rd of Mar 2009 at 09:52 am
The swing trade on FAZ was at 29.50, and the stop should be at 10.%*3/2=15.08% lower. My stop is at 26.