Wayne, good post. I'm trying to think about setting those sell/buy stops. Just need some time to let it sink in.
I would like to sell the shares, and wait for the downturn, which I can predict with about 60-70% probability. But, I need to set the stop buy at a price slightly higher, in case there is not a selloff, the stock fakes me out, and it starts to go upward. (This just happened about a 1/2 hour ago, but a little bit after the fake out, it dove like like a lead ball).
>>Only try trading top 10 volume/#trades stocks on the day.<<
Wayne, if you're waiting for a stock to pause on low volume, then it wouldn't likely be on the top 10 list of highest activity, would it<g>? I guess you might be taking about stocks that *usually* trade in the top 10 volume list? |