But if that moving average fails to hold as support, then a touch of the 10 - day moving average is the next
logical support level.
They carefully look at a market's volatility and
logical support levels to position size effectively and set appropriate stop losses.
Not exact matches
To name a few, $ LNKD, $ AMZN, $ TSLA, $ EBAY, $ AMBA, $ CELG, and $ PRLB are either holding steady or finding
support at
logical levels.
If you just take a
logical approach to drawing in your
support and resistance
levels you will save yourself a lot of time and frustration in the end.
Lesson: trust your stops if you've placed them beyond a key
support or resistance
level or in another
logical place.
Recently, I had a discussion about Common Core with several university
level educational leaders who expressed the need for students to be better prepared for college: to read and write in a more academic manner, to make
logical inferences, and to cite specific evidence from the text to
support their conclusions.
Proper usage of position sizing not only means you will have more winning trades, but it also means you will trade more objectively, because you are placing your stop loss at
logical points above or below
support or resistance
levels, instead of randomly placing it a set amount of pips away from entry.
If you just take a
logical approach to drawing in your
support and resistance
levels you will save yourself a lot of time and frustration in the end.
Lesson: trust your stops if you've placed them beyond a key
support or resistance
level or in another
logical place.
Business Analyst / ETL Developer — SMIS Data Warehouse Designed and documented the conceptual,
logical and technical architecture for the SMIS data warehouse as well as the developer
level standards for the SMIS data warehouse; • Assessed current source systems, and provided development
support for ETL processes in Decision Stream.