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Setting Stop loss

QuestionsCategory: QuestionsSetting Stop loss
Larisa Railean asked 7 years ago
Hi Pat, do you use 8 EMA or 8 SMA ? i have it set to 8 EMA but is a such a short MA that premarket is one price then fluatiates every hour forward.I would like to set a hard stop 20c below it premarket and to be sure thats the accurate price but how when it's changing so much throught the day. Do i do it from the close EMA price, the open..? Thank you!
1 Answers
Avatar photoOwen Staff answered 7 years ago

Hi Larisa,

This video response from Pat Walker:
https://youtu.be/CpwX_EZdC0Y