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put the trade and forget it
- Thread starter mikeenday
- Start date
Quote from mikeenday:
today is a perfect example. Bought SPY at the open and put a stop order, then off see the doctor.
if I were monitoring the trade, probably i'll be in and out for couple of rounds and loss some.
what a nice close now.
Will sell it tomorrow open.
don't forget to turn off your cell phone in case your broker call to inform margin call
Quote from mikeenday:
today is a perfect example. Bought SPY at the open and put a stop order, then off see the doctor.
if I were monitoring the trade, probably i'll be in and out for couple of rounds and loss some.
what a nice close now.
Will sell it tomorrow open.
OCO orders and walking away is a good idea for a lot of traders.
So you're using 5% (loss) stops for swing trading SPY! How did you fare in the last couple of weeks?Quote from mikeenday:
today is a perfect example. Bought SPY at the open and put a stop order, then off see the doctor.
if I were monitoring the trade, probably i'll be in and out for couple of rounds and loss some.
what a nice close now.
Will sell it tomorrow open.