InvestorsHub Logo
Followers 73
Posts 3609
Boards Moderated 0
Alias Born 03/23/2013

Re: mrmainstreet post# 315420

Tuesday, 12/15/2020 11:39:40 AM

Tuesday, December 15, 2020 11:39:40 AM

Post# of 426491

What is your target exit price for this trade?


My strategy for exits involves a rollover of price followed by momentum (MACD xover).



For example if the Price bar turns red, followed by the light blue line crossing down thru the dark blue (as it did in January - red boxes) I will sell where ever that price point is at the time. This is automated so that I don't second guess it.

You can see from this chart, in the past this strategy is pretty good at grabbing bull runs while side-stepping danger selloffs.


Tke458 keeps asking me for a price target predication. Based on this strategy, it depends. In other words, I will "play(stay long) outside until clouds form + it begins to actually rain" Only then will I go inside(sell).
This strategy is a bit more sophisticated at crystal balling a price point, like the masters do on the NWBO board.

Happy Holidays MrMain,

FFS
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News