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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (12313)1/10/1999 4:01:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 44573
 
Tom,

I can see the 58 stop getting hit, then dropping a bit more, then exploding upwards...sounds familiar I'm sure...yikes!!! That 58 stop is a break even stop under the condition that the markets sell off and the a/d numbers are still positive but closing in on a minus number...

Now, if the a/d starts turning negative into a sell off or even a continued rally, I'll be raising that stop significantly. My a/d cumulative sum is somewhere less than 1,000 to the positive, if I recall...so it won't take much for me to bail and book that trade for a quickie. A lot depends on what the a/d does over the next day or so.

GZ