Wednesday, February 16, 2011

OPXT Trade Management

This has made almost a 110% gain for us since late December, if you are still in the trade, it's starting to get a little parabolic and needs to be managed with a trailing stop.


 This stop is on an hourly chart using a simple 35 bas moving average. I'd prefer a stop if it breaks the moving average on a close, but you may wish to stop out intraday.

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