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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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towerdog
To: Lee Lichterman III who wrote (68644)9/2/2022 1:48:12 PM
From: ajtj991 Recommendation  Read Replies (2) of 97558
 
Sometimes I will use a proxy for a stop. I was loaded up with SOXL yesterday and rather than put a stop on the security, I used a mental stop at SPX 3899. That worked out for me. I also hate it when the algo's hunt your stops. I will also use the underlying index for the stop if it's a leveraged ETF rather than have the stop on the leveraged unit.
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