This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Friday, March 12, 2010
the trade im currently in with /LBS is making me rethink my trailing stop exit. in /LBS the 20 and 50 are rising but 20 is still below 50...?? normally i would wait for 20MA to cross 50MA before using 20MA as trailing stop, but now im thinking i will start using 20MA as a trailing stop once price closes past 20 and 50.........because that ALWAYS happens once a good move has started.
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wow nice stuff. check out my blog at http://marketguy-marketguru.blogspot.com/
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