http://wishingwealthblog.com/2009/08/up-trend-in-place-time-to-be-long-9-ibd100-stocks-at-new-highs/ A stock trading blog by Dr. Wish Wed, 23 May 2012 14:21:08 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://wishingwealthblog.com/2009/08/up-trend-in-place-time-to-be-long-9-ibd100-stocks-at-new-highs/comment-page-1/#comment-904 Ewish Mon, 03 Aug 2009 13:45:50 +0000 http://wishingwealthblog.com/?p=1957#comment-904 Thanks for the very nice comments. I would never use an 8 day EMA, it is too short and subject to whipsaw for me to trade. I like to buy off of a bounce up from the 30 day or 10 week SMA. I spent a long time examining past winners to select these averages. For very short trades in rapidly rising stocks I like the 10 day SMA. Before I use any average for timing, I examine the stock's recent history to see if that average worked for that stock. Once I buy, I place a stop loss below the bounce. Hope this helps. Thanks for the very nice comments. I would never use an 8 day EMA, it is too short and subject to whipsaw for me to trade. I like to buy off of a bounce up from the 30 day or 10 week SMA. I spent a long time examining past winners to select these averages. For very short trades in rapidly rising stocks I like the 10 day SMA. Before I use any average for timing, I examine the stock’s recent history to see if that average worked for that stock. Once I buy, I place a stop loss below the bounce. Hope this helps.

]]> http://wishingwealthblog.com/2009/08/up-trend-in-place-time-to-be-long-9-ibd100-stocks-at-new-highs/comment-page-1/#comment-902 Randy Martin Mon, 03 Aug 2009 05:48:41 +0000 http://wishingwealthblog.com/?p=1957#comment-902 Hi, I always look at your website first. I really enjoy it and you have been right more than anyone I read. That includes myself and I have been trading over thirty years. I do have a question though. How do you decide on where to put your stops? It seems everytime I place a physical stop it gets taken out right before the stock skyrockets. I have been placing my stops just below the 8 day exponential moving average. It has always worked great in the past up until a little over a year ago. Volatility has increased and it seems they are gunning for all stops. Thanks for any reply. Keep up the outstanding work. It is greatly appreciated and it is nice to find someone that shares without charging an arm and a leg. Great trading to you and yours! Randy Hi,
I always look at your website first. I really enjoy it and you have been right more than anyone I read. That includes myself and I have been trading over thirty years. I do have a question though. How do you decide on where to put your stops? It seems everytime I place a physical stop it gets taken out right before the stock skyrockets. I have been placing my stops just below the 8 day exponential moving average. It has always worked great in the past up until a little over a year ago. Volatility has increased and it seems they are gunning for all stops. Thanks for any reply. Keep up the outstanding work. It is greatly appreciated
and it is nice to find someone that shares without charging an arm and a leg. Great trading to you and yours! Randy

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