What about stops and/or targets?:confused:
Any reason you like this long term?
Fundamental? technical?
Not criticizing just curious.
If it were on my radar I might have bought it. One of my stategies is to buy when a stock breaks its 50MA.
Good trading.:)
These are hard to find. :D
Even with superior fundamental and technical analysis stocks can move against you for unforeseen reasons. Lawsuits, analyst downgrades, SEC investigations are a few things that make investors bail. :(
MM to me is preserving your capital.:)
Naw I'll just find another looker to ask ; sooner or later I'll find one that's pissed at her boyfriend that will do me out of spite. Of course she'll probably end up telling him and I'll get a beating. Kind of like trading; no? :D
How many trades?
How many wins vs losses?
What is the average % gain on a win and average % loss on your losers?
Take out your best gain and worse loss and recompute.
How does this compare to any backtesting you have done.
How many of the trades did you follow your plan exactly...
I would have put in my buy stop at 25.60. 5 cents above the previous days high.
If its going to keep going up it has to get by yesterdays high.
What time frame are you trading in? 5 min charts or longer.
Thats what I meant by trigger. Your trade triggered when it traded above the high...
Why not wait for confirmation of the move. Use the high of the gap day to enter the trade the following day.
You might miss the odd gap up on the second day but you wouldn't have had FLSH to deal with and LOGI would still be on your buy list.
PS I have 20 / 20 hindsite.:)
OUCH :mad: :eek: :mad:
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Care to elaborate on how you determine your exits.
A quick look at the charts doesn't seem to offer any conventional reason as to why the profit targets and stops were established.
Could you elaborate on what you consider a defined risk?
Doesn't volatility relate to more risk? Or do you mean that all you can lose is the cost of the option?