Originally Posted by matfx Today’s article is going to give you guys a “sneak-peak” into exactly how I decide on my stop and profit target placements. I get a lot of emails asking how I decide where to place a stop or where to place a target, and while there is no one-size-fits all answer to this question, there are certain things that you should consider before entering a trade that will make determining the best stop and target placement much easier. Placing stop ...
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As you may or may not know, the production of the latest Fast & Furious film was stopped abruptly last year, when one of its major stars, Paul Walker, was killed in a car crash. This year, it resumed in April, after it was determined that Paul could be replaced by an intricate tactic of using his brothers as body doubles and a computer to generate his face on film. Today, we find out from the Hollywood Reporter that the said intricate ...
(Reuters) - Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman's years-long effort to turn around the personal computer maker and relieve pressure on its profit margins. Whitman said the turnaround remained on track and her raised target reflected how HP continued to find areas to streamline across its broad portfolio, which encompasses computing, networking, storage and software. But some analysts ...
Originally Posted by matfx Placing profit targets Placing profit targets and exiting trades is perhaps the most technically and emotionally difficult aspect of trading. The trick is to exit a trade when you’re up a respectable profit, rather than waiting for the market to come crashing back against you and exiting out of fear. The difficulty of this is that it’s human nature to not want to exit a trade when it’s up a nice profit and moving in your favor, because it ‘feels’ like the trade will continue on in ...
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