lowtrade -
I posted this on the SWVC board over the weekend, but as quickly as posts stack up over there, you likely will never see it under the heap.
I have been following your trading approach with SWVC and like what I see you doing. I also think your tinfoil hat must be Kevlar reinforced the way you deflected all the bashers to your approach during the emotion driven run up last week.
If I understand your trading plan correctly, you pick an entry point, split your funds into fourths, and buy at your point with the first quarter, then spred out your remaining three buys in incriments. Can I ask how you determine your entry point and your increments? Are they based on fibnoacci numbers?
Do you sell in a similar fashion, in 4 steps?
I for planning purposes, if the stock has settled into a new base trading chalnnel of .025 to .035, what would be your entry points for the anticipated coming run up, and would you still plan to sell once you made 50% gain in eacn of your four buys?
Last question (for now), do you set sell points ahead of the share price, or do you let the price run past your sell points, and then place sell stops underneath?
Thanks for any help and insight you can provide.