June 2006
Beginner
352 pages
7h 6m
English
book
Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
by Michael N. Kahn
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
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Stop Is Hit
A stop price is an automatic order to buy or sell a security at a predefined price. Some trading systems or trading models may use buy stops in the stock market to enter the market on a pattern breakout. Most non-professionals use stops mainly to sell a stock that has gone down instead of going up.
For example, if a stock is purchased at a price of 50 with a target of 65, a stop of 45 might be used. This could be the break of a support level, a simple percentage below the original purchase price, or an acceptable risk given the potential reward. In all cases, the losses are limited.
Selling at a stop price takes the emotion out of the decision. The stop itself is a clear indication that you were wrong to buy. Do not hesitate. Cut ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.