LAW LINDSEY asked 5 years ago Do you think it matters if I make key list purchases off of intraday quotes or wait for end of day prices. I have primarily been a value investor and am trying to branch out into swing trading. I know I may be able to get some better executions if I buy intraday but if I go with end of day I will be exposed to less noise. Regardless of entry I am thinking of setting stops of not more than 2 ATR and having no expected losses of more than .5% of account (unless gap down occurs). Does this sound reasonable? Thanks for your thoughts.
Law Lindsey
1 Answers
Owen Staff answered 5 years ago Hi Law,
Video from Pat:
https://youtu.be/qmkUyg93zBA
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Thank you for your analysis of the charts and explanation. Makes total sense to buy at as close as possible to pivot point and to pyramid into profits.
Law Lindsey