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XLK stop for 8/1/2011
To paraphrase the Robot's IWM settings for XLK:
Magagement of an existing position
The XLK long position was bought at 25.95, with stop loss remaining at 25.44.
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Settings for a (hypothetical) new position
These are the trade settings for the trading day that follows the 7/29/2011:
The long entry price is 25.73 and the stop level is 25.18
***This is not a recommended position. This is only a live beta test with my own money.
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