I've determined my TA skills are rotten, to put it mildly. Way down on my TCOM and CAAS buys.What sort of exit strategy do you implement when you enter a trade? Personally, I have been following the concept of using a 7% stop loss when entering a trade to minimize the downside risk. If I get stopped out, at least I keep a small loss from becoming a big loss.The problem (other than a small grasp of some definitions) is my lack of ability to tie several indicators together to create an accurate and reliable prediction of trends. Out of 3 actual purchases and a few "pretend" buys I've been 180 degrees out every time.What indicators have you been using? My preferred indicators have been MACD, Wilder's DMI (ADX) and slow stochastics. Lately I have been looking at the Parabolic SAR as well.I would be interested to hear what indicators you have been using and what has signaled your buy/sell points.dt
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra