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Re: cintrix post# 4060

Wednesday, 06/03/2015 12:01:18 AM

Wednesday, June 03, 2015 12:01:18 AM

Post# of 6237
So you're mostly looking for bounce plays? How much of a % down do you have your scanner looking for? And then, presuming you buy at your alert, how often do you actually get bounces after you buy? How long do you wait for them to happen before exiting? How much of a bounce do you look for before taking profits? And at what % loss do you cut your losses?

Just looking to get an idea of someone else's basic strategy and risk management details here. I personally have not been able to capitalize on many potential bounces mainly because I haven't played many! I'm usually looking longer term, fundamentals based, but I'd like to find bounces consistently if I can. Thanks.

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