Sunday, August 31, 2008
Number of Shares to Buy Calculator Now Up
on the right-hand side of the blog. Enjoy!
Note: no warranty of accuracy implied
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
How to Trade The Ideas
Search Chrib's Trades
How to Trade The Ideas
Please read my full post on this topic: How To Trade My System
My ideas are stocks I think might break out in the coming days. In most cases each idea may be traded in one of two ways: Aggressively or Conservatively. Aggressive traders should refer to the table's Exit A column, and Conservative traders the Exit C column.
Entry: The breakout price level is indicated by the "Entry" column. My system buys on the breakout, not in anticipation of a breakout; thus, a stock is only purchased if it's trading at or above the Entry price.
Exit A/C: Depending on whether you plan to trade in an Aggressive or Conservative style, use Exit A or C. This is your initial stop-loss price. If the stock should trade below this price and you own it, SELL THE STOCK. You may also combine the two exits by making Exit C the initial stop-loss and, in addition, sell at market if the stock goes below Exit A on a closing basis.
Order Entry: Use stop-limit buy orders through your broker to buy the stocks, and stop-limit sell orders once you've purchased the stock to protect your capital in case the stock moves against you.
My ideas are stocks I think might break out in the coming days. In most cases each idea may be traded in one of two ways: Aggressively or Conservatively. Aggressive traders should refer to the table's Exit A column, and Conservative traders the Exit C column.
Entry: The breakout price level is indicated by the "Entry" column. My system buys on the breakout, not in anticipation of a breakout; thus, a stock is only purchased if it's trading at or above the Entry price.
Exit A/C: Depending on whether you plan to trade in an Aggressive or Conservative style, use Exit A or C. This is your initial stop-loss price. If the stock should trade below this price and you own it, SELL THE STOCK. You may also combine the two exits by making Exit C the initial stop-loss and, in addition, sell at market if the stock goes below Exit A on a closing basis.
Order Entry: Use stop-limit buy orders through your broker to buy the stocks, and stop-limit sell orders once you've purchased the stock to protect your capital in case the stock moves against you.
Calculate # Shares to Buy
FAQs
Archive
-
▼
2008
(122)
-
▼
August
(21)
- Number of Shares to Buy Calculator Now Up
- Trade Ideas for 9/2/08
- Traders' Weaknesses
- B-POP
- Trade Ideas for 8/29/08
- Update
- Trade Ideas of 8/28/08
- Beware of Breakouts at the Open
- Trade Ideas for 8/27/08
- Exit Strategy
- Trade Ideas for 8/26/08
- Trade Idea for 8/25/08
- Important
- In Defense of Technical Analysis
- Trade Idea for 8/22/08
- Trade Ideas for 8/21/08
- How To Trade My System
- Trade Ideas for 8/20/08
- Trade Idea for 8/19/08
- How Many Shares to Buy
- Trade Idea for 8/18/08
-
▼
August
(21)
A Must-Read
Search Amazon.com
Disclaimer
All posts are written by Christopher Wang for educational purposes only.
No comments:
Post a Comment