The Dollar amounts in the
'Sell Order'
table are the Exit points
The Sell Order table values are used to determine the sell order Stop price
- the limit price would be about .5% lower than the stop price.
NOTE: always use a stop/limit request when placing an order.
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
NOTE: Sell order table values
do not reflect today's
closing
How to calculate table
values:
Last price history * 0.95
(54.73 *.095 = 51.99)
Stop/Limit Price = the price we
want to exit a position. When the price gets triggered the
position is sold at the stop price. The limit price will prevent the
order to execute, should the stock price falls lower than you want
to sell the equity.
Stop Loss Exit for Long
Position is 5%.
Raise Cash:
most correction are between 7-15%. When ETF crosses the EMA(20)
I sell 1/2 of the long positions (see
profit
target). We also raise cash when the market is trading sideways.
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