RE: Stop Loss Positioning Guide
(2016-08-01, 02:55 AM)iRookie Wrote:(2013-03-30, 03:20 PM)isatrader Wrote: A note to myself to investigate: When a stock gaps higher and continues higher in the coming days. Does the low on the gap up day have the same significance as a pivot low. i.e. should it be considered as the nearest pivot low for placing the trader stop loss? Or do pullbacks go into the gap and so still need to go on the previous pivot low?
Did you ever look into this IsATrader?
Yes, there's a book that covers it called "In the trading cockpit with the O'Neil Disciples". They call it a Buyable Gap-up. Here's a video on it: https://youtu.be/j9cEvu_xOgA
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.