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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (18945)5/20/2024 10:25:08 PM
From: da_spot  Respond to of 26805
 
Sandeep, using the weekly, I'd give it a maximum stop <103 as most people would be looking <105 so that would be too obvious. Using the daily, I'd give it around 107 as most would be using 108ish as a stop. I always try to be a touch different from the crowd.

Options - Just my experience, but I've always done best when I buy with the idea that I can lose the entire cost of purchase. By sizing for zero, I don't get shaken out and have often had fantastic wins.



To: sandeep who wrote (18945)5/21/2024 9:50:57 AM
From: da_spot  Read Replies (1) | Respond to of 26805
 
BIDU was on ouch of an opening. Stopped out 1/2, re-assess if 50 ma area (daily) will hold before attempting anything else.

Sue