tag:blogger.com,1999:blog-30526901.post8585062844748499646..comments2023-11-02T08:32:05.557-04:00Comments on Filtering Wall Street: ZOLT - One That Got AwayMarlyn Tradeshttp://www.blogger.com/profile/11977763395430254850noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-30526901.post-10363860167461269482013-05-18T01:32:59.345-04:002013-05-18T01:32:59.345-04:00Sometimes its hard.Sometimes its hard.QUALITY STOCKS UNDER 5 DOLLARShttp://www.chicagoillinoisbusinesslist.com/business/5066133.htmnoreply@blogger.comtag:blogger.com,1999:blog-30526901.post-19251147538390325302007-03-17T10:18:00.000-04:002007-03-17T10:18:00.000-04:00Thanks Marlyn. I'm going to try the "penny per do...Thanks Marlyn. I'm going to try the "penny per dollar + 10" rule of thumb you describe for my day trades. I clearly need to buy fewer shares at a time because, given the quantities I've been buying for day trades, I can't stomach a loss of any more than 20 cents.L.J.https://www.blogger.com/profile/16467256190821479129noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-35926877063550454032007-03-17T09:16:00.000-04:002007-03-17T09:16:00.000-04:00For a day trade I'd use a mental stop around 40 ce...For a day trade I'd use a mental stop around 40 cents below the buy point. (30 dollar stock = 30 cents + 10 rule of thumb). If I were going for a longer period then some increment based on the ATR.Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-61659587443337690142007-03-17T09:06:00.000-04:002007-03-17T09:06:00.000-04:00Thanks. I was actually thinking the really conser...Thanks. I was actually thinking the really conservative 11th bar until I noticed each unit was 40 cents. Would you stop loss exit based on a bar or bars closing under the 4?L.J.https://www.blogger.com/profile/16467256190821479129noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-74691235158591411972007-03-17T05:47:00.000-04:002007-03-17T05:47:00.000-04:00Aggressive off the 6th, conservative off the 10th ...Aggressive off the 6th, conservative off the 10th - a few cents either way.<BR/><BR/>I'll do a post on this if I can find some examples.Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-78177032823044084562007-03-16T22:06:00.000-04:002007-03-16T22:06:00.000-04:00After which bar would you have bought? I'm not cl...After which bar would you have bought? I'm not clear as to the definition of a bounce off the 4. Thanks.L.J.https://www.blogger.com/profile/16467256190821479129noreply@blogger.com