| ren1e28 |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Friday, December 3, 2004 |
| Monday, March 27, 2006 11:33:46 AM |
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My question is about the relationship of stochastics and price. Specifically: Lets say the price is making lower highs, and stochastics is making higher highs. My question is: is there and easy way to track this relationship? Or do I have to manually write down what is happening to the price and stochastics say every 15 minutes or half hour in order to see that, in fact, the price is making lower highs, and stochastics is making higher highs. What is the easiest way to determine this?
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Yes, I am aware of VLCCF, and NAT also.
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This is very interesting. You're right. I am not aware of trailing stops. You have to give me some time to digest what you are saying. I have printed it out and will mull it over. And I certainly will look into Canadian Royalty Trusts. Thanks.
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Thanks, I do so appreciate the information you have given me. Happy investing and trading to you too.
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I have read books, but I guess I'm more of a "hands on" person. I have used stops in the past as a precautionary measure. I get nervous when the market looks to be going south and who knows when it will stop. But I have ended up triggering some stocks that I regretted losing.
Then, I too, used mental stops until I began getting nervous when one of my thinly traded stocks began going lower than its 30 day moving average, and I wondered if I would get stuck with stocks that wouldn't sell - not to mention losing my profit. I worry especially on a weekend when one never knows what is going on. So I slowly began to sell off some of them in incriments so as not to upset the price too much (I do like this stock)but business is business. I'm still holding 1500 shares and I want to protect those shares. This stock pays a good dividend, and I am retired so that monthly income is important to me. Normally, when it dips I don't worry about it because it always paid the dividend and would come back. But the overall market was headed a little too far south for comfort. I have never used a limit or a stop limit(not knowing exactly what that does.) But I now have put a stop on another 500 and have decided to hold on to the other 1000 shares to see what happens.
So that's my story and I thank all who have enlightened me. With the help of people like you, TC2000 and a lot of dumb luck I do OK in the market. Thanks again to all.
Ren1e28
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I never know when to use either a stop or stop limit. What are the advantages and/or disadvantages of both. Can someone spell it out for me. I seem to learn everything the hard way.
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On 3/11/05 MarkAB refers to e-mini in his discussion of Stochastic Setting. Can you tell me what an e-mini is, and possibly a little about it?
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What is an e-mini?
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