I wrote a set-up in AAPL for a Short at $544.43 with a $556.21 Stop and I got picked apart for wanting to get Short AAPL. Well, the next day the stock rallied, but it could not get above the top of the Ichimoku Cloud. If I have a $12 stop then I have the following Targets:
Target #1: 50% of the Stop: $538.43
Target #2: 100% of the Stop: $532.43
If I want I can then move my Stop to Breakeven
Target #3: 150% of the Stop: $528.43
Target #4: 200% of the Stop: $522.43
Once ALL targets, its time to ring the cash register and buy an Ipad, but another winner with www.keeneonthemarket.com
Target #1: 50% of the Stop: $538.43
Target #2: 100% of the Stop: $532.43
If I want I can then move my Stop to Breakeven
Target #3: 150% of the Stop: $528.43
Target #4: 200% of the Stop: $522.43
Once ALL targets, its time to ring the cash register and buy an Ipad, but another winner with www.keeneonthemarket.com