sahandke
sahandke Jan 15, 17 12:49 PM

what happens when you set stop? I would have to choose the stop limit option then?

sahandke
sahandke Jan 15, 17 12:50 PM

you expect all those to drop?

StephenR
StephenR Jan 15, 17 4:28 PM

I don't like setting stops but since I can't watch the stocks I need to. These stocks have already broken through key resistance levels and have a well established support level. I would just set your initial stops a few cents lower then the support level stop positions I typed.. after the stock starts moving you'll have to adjust your stops if/when the price starts moving up or set a specified target price.

StephenR
StephenR Jan 15, 17 5:00 PM

Also, just to footstomp...although I do a lot of DD by analyzing charts, using scanners/filters, reading filings, etc I'm still just a newbie trader. If I could sit behind a computer all day I would be following Tims proven methods which are more lucrative then my long plays.

Join now or log in to leave a comment