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Re: multivalue post# 2952

Thursday, 05/11/2006 3:58:07 PM

Thursday, May 11, 2006 3:58:07 PM

Post# of 47295
'multivalue'

Today
Yes, no sale because loss target not met. But 2nd buy +5% was met and closed at $1.05. The 3rd entry figures are +/-10% from the 2nd buy. (+10% of $1.05, is $1.16) and a buy order is placed.

Look at original post;
1st buy $1.00: profit sell $1.25 / loss sell $.88
2nd buy +5% from 1st at $1.05: profit sell $1.31 / loss sell $.92

Now the 3rd buy will take place +/- 10% from the 2nd at $1.05.
So The entry point for the 3rd buy would be $1.16 or $.94.

When it hits $1.16 or $.94 I buy the 3rd entry.

If buy is at $1.16 profit sell would be +25% $1.49 Or sell loss -12.5% $1.01

If the 3rd buy is at $.94 profit sell would be +25% $1.17 Or sell loss -12.5% .83.


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