marketninja blogspot.com

Market Ninja

Market Ninja follows the ASX, discussing techniques I use everyday to trade the Australian Stock ExchangeASX. Trend, swing trading, momentum, fundamentals and candlestick techniques will be discussed.

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Stop Loss Matters

Thursday, February 5, 2009. A breakeven stop will help lock in a no-loss trade. Once a trade is begun and there is little threat of your initial stop being hit, yiur stop loss can be moved up to breakeven to ensure no-loss is made on a trade. Especially with the application of leverage, it is important to move your stop to breakeven as soon as reasonably possible. This will minimise the potential drawdown of your account. Tuesday, June 3, 2008.

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Market Ninja

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Market Ninja follows the ASX, discussing techniques I use everyday to trade the Australian Stock ExchangeASX. Trend, swing trading, momentum, fundamentals and candlestick techniques will be discussed.

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This web page marketninja.blogspot.com states the following, "Tuesday, March 17, 2009." We saw that the webpage said " 160; As highlighted in Chart Watch 2009-03-09." It also said " Was setting up for a potential wedgetriangle trade. Volume higher than the 15 day moving average. Saturday, March 14, 2009. The week started off bad for the index, but turned out to be one of the better weeks to be long, closing up around 6 for the week. The chart above shows that the short term trend line was broken."

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