RE: Stage Analysis Beginners Questions
In the case of XOP the 30WMA is far away from the price action. I got in at 61.15 I wouldn't want to place it below that price. Same for Bitcoin if I place stop below 30WMA that's 200% away from price. UUUU also 30WMA is far away from price. In this case when price is far from 30WMA where would you set your stop loss for investor method?
I'm testing it on other stocks that aren't as extended FCX/NTR looks like I put the stop in the right place. Thanks appreciate it!