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Sell "Stop" Order

The Dollar amounts in the 'Sell Order' table are the Exit points

The Sell Order table values are used to determine the sell order Limit or Stop price entry points.

Download File
You can download the Excel spreadsheet with the calculation formula already placed into the cells.
MS Excel file: //bsmt_files\bsmt-worksheet.xls

sell order  table setup

How to calculate table values:
Last price history * 0.93 (55.90 *.093 = 51.99)

Stop Price
= the price we want to exit a position. When the price gets triggered the position is sold at market price.

Stop Loss Exit for Long Position is 7%.

Raise Cash: most correction are between 3-5%. When ETF crosses the EMA(20) or trades below 3%, whichever is higher, we sell 1/2 of long positions (see profit target). We also raise cash when the market is trading sideways.

Stop Loss Exit for Swing Trade is 3% for 1/2 of the holdings. The Parabolic SAR indicator signals when all positions should be sold.

Profit Target: to be used with the swing trade. We place a 5% stop limit sell order to lock in some profit as soon the stock hits the price target (price target is average cost/share * 1.05).

 

End-Of-Day Price Chart
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Long Position
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Questions & Answers

When to take Profits? We only take profit for Swing Positions - see Profit Target page.

How to manage a Stop Orders for a Long Positions? When the ETF position is down trending and has crossed the moving average trend line, we place a stop loss order which is 7% from the highest closing price.

How to manage a Stop Orders for a Swing Positions? there are 2 exit points. One exit point is the Parabolic SAR indicator and the other is a 3% stop order. Usually the 3% stop order will be used for 1/2 of the holdings and usually executes first. However when the Parabolic SAR signals a sell, we exit all our swing trade positions with a tight stop order. 

 


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