The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Monty who wrote (36338)	7/26/2000 8:04:06 PM
From: bdog	Read Replies (1) of 79405

newVoo, OK, a trading question... when you chart and trade EOD (end of day), do y'all take the close as the break point or intraday low? ie: My paper trade FFIV opened below my stop. If it was a hard stop, I would have been taken out. I take the close as the number to watch or signal. If it closed below the stop, then a sell at the open is my out. I would like to automate this process and was wondering if anybody would care to share their experience with these types of orders? I would use limits and not market orders. Trying to develop a new system so I don't have to worry about these darn 3 dollar stocks at work...>g< Seems like a buy stop and hard stop loss may be self fulfilling TA at times when the MM swoops... always in over my head... bfeetdon'touchdog

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