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Monday, July 18, 2005

Update SL on DD, NEW, GSF

after reading elder's book, i've not been using TS system properly
the 3rd screen (long) tells me to enter a buy stop one tick (12.5 cents)
above the previous day's high

after the order fills i'm to place a stop loss below one tick above today
or the previous days low.

So for DD, a stop should have been placed at 43.91, the previous day's low.
So today I'll raise the SL to 43.61.

I put a SL in for NEW @ 50.00

I put a SL in for GSF @ 40.87.

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