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.
Tuesday, June 15, 2010
Exited VRSK today (should have done it before yesterday's close)finally after watching it move like a tremor on a seismograph. got a tiny 1.6% gain. i was wondering how to exit since i dont currently have any specific timed stop to use. it turns out my normal exit rules work just fine, as long as im willing to let the money stay tied up in the slow stock. im thinking MAYBE this turned out to be a bad trade cuz the mtf MA's were too far away and the 50 seems to have kept the stock from falling further for me. i think i will write up an exit checklist to use as im watching my open positions.
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