RE: US Stocks - Watchlist and Discussion (Premium)
(2014-12-05, 04:16 AM)isatrader Wrote:(2014-12-05, 03:57 AM)pcabc Wrote: With RADA is the breakout level at 4 or 6.25? I see this as problematic as I think it could be argued both ways. I'd not like to buy at 6.25 and then have it drop back.
Personally with crazy volatile ones like this, I'd always go with the near term swing high personally. So the $4 area. But they are extremely difficult to trade.
My experience with the more volatile shares is that either the spreads combined with putting in the overnight orders mean that if the stock drops I can watch it loose 15% say whilst still above MA30 or if I don't have a problem and it has a massive rise I watch it shoot up for a 50% profit and then watch it run all the way back down to a loss. I'm going to revise my stop loss approach to lock in some of that profit.