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KevStock  
#1 Posted : Thursday, August 28, 2008 4:18:12 PM(UTC)
KevStock

Rank: Newbie

Groups: Registered, Registered Users
Joined: 8/28/2008(UTC)
Posts: 1

Any ideas on how to close an open position if it falls below a certain amount or percent of the entry point.

For example, if the trade was opened long at $20, how can I close the position when a subsequent close falls below 20.

Thanks

mlr94549  
#2 Posted : Saturday, January 3, 2009 10:48:36 AM(UTC)
mlr94549

Rank: Newbie

Groups: Registered, Registered Users
Joined: 9/5/2008(UTC)
Posts: 8
Location: California

KevStock:
Track down article on Latches by Roy Larsen (mgr of this group). What you need is a variant of Example 7 to give you your signal.
Michael
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