GREY:BTTPF - Post by User
Comment by
Contra_Manon Feb 22, 2018 11:11am
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Post# 27601855
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Titanic Economics
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Titanic EconomicsTarget prices are not calculated, or pre-meditated as that very important trigger factor depends on near-time data we use as technical and sentiment input considerations. Therefore, we simply apply a running -11.52% trailing "on close" stop-loss being applied to each filled order so they are triggered at different points of a risk-controlled loss. Gains run, losses stopped-out. If the security jumps 20%, we will hold it until exit instruction or until the security declines -11.52% on the daily close. If the security ever loses more than 11.52% on the close from the price already purchased, the next day position(s) will be a closing sell order for that loss position. Rarely, we issue instructions to over-ride those types of trading losses, but it does happen in order to let positions run out further losses (on a hunch) but that is rare... rare along with re-starts which begins the process of re-acquiring a previously stopped-out position in hopes of a near-term bounce recovery.