AI
Hi Rien,
I set the size of the HOLD Zone somewhat in a way like you are describing. If you look at this graph, on the far right hand side is a yellow (at least on my screen) bracket that indicates the Hold Zone's size.
If that bracket looks way too big for the usual historical trade range of the stock, I'll sometimes, after a few frustrations of not achieving a trade, go in and modify the SAFE to reduce the size of the range.
In general, I want the Next Buy and Next Sell prices to be within the limits of the previous 52 week highs and lows. That way I'm almost assured of getting a trade or two in a year's time if not more often.
Hope this helps,
Tom
I set the size of the HOLD Zone somewhat in a way like you are describing. If you look at this graph, on the far right hand side is a yellow (at least on my screen) bracket that indicates the Hold Zone's size.
If that bracket looks way too big for the usual historical trade range of the stock, I'll sometimes, after a few frustrations of not achieving a trade, go in and modify the SAFE to reduce the size of the range.
In general, I want the Next Buy and Next Sell prices to be within the limits of the previous 52 week highs and lows. That way I'm almost assured of getting a trade or two in a year's time if not more often.
Hope this helps,
Tom
Port Washington, WI 53074
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