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
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).
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