Yes, the initial stop should be 4.53% above your entry price.Originally Posted by roberto.giusto
Billy
Yes, the initial stop should be 4.53% above your entry price.
Billy
Slope of Hope by Tim Knight shows some very interesting analysis that accords strongly with Billy and the robot. It also shows an interesting take on AAPL and its relation to market take downs.
Also, I find it entertaining as well as educational.
I found the first link via "the wire" service of Charles Kirk.
Cheers!
(ps. if it preferable that this go in the "interesting links" thread, I'll move it. I put it here because we sold into some serious strength this morning, which naturally raises doubts).
Last edited by nickola.pazderic; 09-27-2011 at 03:33 PM.
Billy -- any chance we're becoming a target of an HFT? Don't want to sound paranoid here...
Price topped just above daily R3 (69.34), a perfect excessive bull trap before reversing. I think that's what HFT algos were targeting and they've never heard or care about the robot (yet)!
Billy
Was sorry to see the IWM stop just before the drop.
These HFTs are getting better all the time.
I dont think the robot got stopped out. The stop should have been adjusted to take into account the gap up if I remember correctly.
IWM got stopped out.
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