Posted by Chris Kimble on 12/01/2010 at 2:22 pm; This entry is filed under Russell 2000.
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Game Plan...Buy IWM, half of your normal sized position, with a 2% stop. Will use resistance as support. Depending on action over the next few days, will determine if more is added to this position.
Hi Chris,
when you say 2% stop for IWM and TBF, do you mean trailing stop?
Or place limit sell order at 2% below buy price?
KY…trailing unless I mention a specific price. Thanks for asking