CLF, Set sell stop order with other cancels other for target/stop. Still learning.
Position Size: 5% risk for 10k is 100 shares worth $870
Sell Stop Order: 8.70
Buy Limit: 7.70
Buy Stop: 9.20
TimeFrame: June 12th
Position Size: 5% risk for 10k is 100 shares worth $870
Sell Stop Order: 8.70
Buy Limit: 7.70
Buy Stop: 9.20
TimeFrame: June 12th
Comment:
Missed my stop and moving on down now, lets see how the next few days play out, will consider when to take profits depending on the situation.
Comment:
Still potential for a down move, lets see how the next few trading days play out.
Comment:
Looks like my comment on the 25th was the low point for my timeframe, trailing stops help in these types of scenarios but anything can happen so lets keep it going and see which direction it heads to this week.
my two OCO orders were correct and are still in working mode, but my initial buy in order triggered at 8.48. For this trade today it worked but I must get this right:
Sell Limit Order with Buy Limit/Buy Stop OCO's