tag:blogger.com,1999:blog-1390332969136161956.post3136075322556821366..comments2023-07-02T06:55:31.510-07:00Comments on Animal Spirit Forecasts: 3/18 11:00Steve Koteleshttp://www.blogger.com/profile/07995142353788940838noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1390332969136161956.post-76467468118930588802011-03-18T09:48:17.761-07:002011-03-18T09:48:17.761-07:00On any trade my stop depends on a combination of t...On any trade my stop depends on a combination of the confidence level of my wave count and a moving average I select as appropriate. I have about 40 averages that I use for entry and exit. The one selected is in accord with the wave degree that I want to exploit. For the current position I'm exploiting a 3rd wave at minuette so there are several indexes and averages I could use. I'm using the YM futures 10-minute, 76-unit M/A - .3% because that one seems to be dominant over the last several days.<br />I'll include the above in a post.SteveKotelesnoreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-13863770438657378582011-03-18T08:29:47.119-07:002011-03-18T08:29:47.119-07:00Hi Steve, how do determine your stop loss once you...Hi Steve, how do determine your stop loss once you open a position? Is there a formula? Thanks.Anonymousnoreply@blogger.com