I am 0-2 in selling early, as AAUK also rallied to hit the Fibonacci extension.
Oh well, you never go broke taking profits!
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, AAUK
Mentoring: The Key to Developing as a Trader
4 days ago
Thursday, June 15, 2006
AAUK - 061506; 30-minute chart
posted by Tom C:
I am 0-2 in selling early, as AAUK also rallied to hit the Fibonacci extension.
Oh well, you never go broke taking profits!
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, AAUK
I am 0-2 in selling early, as AAUK also rallied to hit the Fibonacci extension.
Oh well, you never go broke taking profits!
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, AAUK
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2 comments:
i should add and then when it continues higher you can trail the stop up?
the above is an addition to a post that apparently was eatne by the Blog! my original comment was that rather than taking all at 50% point, why not take 1/2 at 50% and then place a stop say .15 below the 50% level, then if the stock moves up, adjust the stop upward trailing as price advances. at least this way, you are essentially risking .15 for the other 1/2 of the target projection?
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