Author Topic: A few rules to share  (Read 8439 times)

sternforpres

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A few rules to share
« on: September 19, 2012, 01:20:55 pm »
Sometimes I get into trouble buying stocks right near my lower price limit.  I am looking for stocks making a move up, but a move that is not already shot.  This rule gives me the close price, so that I can make sure the stock closed yesterday over my lower price limit.

[Price] - [FCD] > 10

Where 10 would be my lower price limit.

There are other ways to skin this cat, but I found this to be the safest for me.
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I also like to look at spread graphically, to get a feel for the risk in the market.  Lately, market has been nice and quiet, but other days, I have to really let it settle down before I get in.

(10-[Spread])*10

and select Graphic "Position in Range"

TradeIdeas1

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Re: A few rules to share
« Reply #1 on: October 01, 2012, 10:54:44 am »
Thank you for sharing this with the community we really appreciate this type of involvement and support from the user community!

TradeIdeas_DA

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Re: A few rules to share
« Reply #2 on: October 04, 2012, 09:08:57 pm »
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