Triple leveraged drawdown selling rule

[ken-do-nim]

(04-01-2021, 05:24 AM)vbin Wrote: You can also look at MA( moving averages) rather than simply exiting below 10% from previous low. When a stocks breaks a 50MA usually it's a bulish or bearish(depending on the direction) sign. A lot of traders take 200MA very seriously.

I will read up on moving averages, but do note that my rule is not as simply stated as "10% from previous low".  You line up 2 or more previous lows and plot a course. It likely works out to about the same figure as the moving average does, but with perhaps more precision because rather than just taking 50 days or 200 days it identifies a trend line and gets you out when the trend breaks.