Friday, March 29, 2013

wahaha .. another pm (29 mar 2013)


another pm from a finance manila member ... tsk tsk ..  walang bakasyon mga tao a hahaha

question:
Boss xxx, may I know kung ilan percentage below the  current price ang nilalagay mo na stops?


my reply:
i dont use percentage stops .. i place stops just below my entry price then as the price advances .. i adjust my stops .. either just below the next support level or just below the next major psychological support .. i use real supports as basis for my stops ... not imaginary ones < ....  edited out .... >

related articles:

what i read today: 3 Tricks to Stick to Your Stops (20 mar 2013)