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Triple leveraged drawdown selling rule
#12
(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.
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Messages In This Thread
Triple leveraged drawdown selling rule - by vbin - 04-01-2021, 05:24 AM
RE: Triple leveraged drawdown selling rule - by ken-do-nim - 04-01-2021, 07:14 AM
Triple leveraged drawdown selling rule - by vbin - 04-06-2021, 12:43 PM
Triple leveraged drawdown selling rule - by vbin - 04-06-2021, 12:48 PM
RE: Triple leveraged drawdown selling rule - by ChadR - 04-27-2021, 05:40 PM
RE: Triple leveraged drawdown selling rule - by ChadR - 04-28-2021, 08:37 AM



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