Game Plan…Buy IWM, half of your normal sized position, with a 2% stop. Will use resistance as support. Depending on action over the next few days, will determine if more is added to this position.
2 Comments
Chris Kimble
on 12/01/2010 at 3:32 PM
KY…trailing unless I mention a specific price. Thanks for asking
KY
on 12/01/2010 at 2:45 PM
Hi Chris,
when you say 2% stop for IWM and TBF, do you mean trailing stop?
KY…trailing unless I mention a specific price. Thanks for asking
Hi Chris,
when you say 2% stop for IWM and TBF, do you mean trailing stop?
Or place limit sell order at 2% below buy price?