Invest
Book summary – Alexandra Elder – Sell and sell short – part 2
By OT83  •  July 19, 2011
How to grade your entries and exit? (as a science person by training, i like calculation. quite interesting, first time see this) The Buy Grade = the high of the day minus buy price / the high of the day minus the low of the day The Sell Grade = the sell price minus the low of the day / the high of the day minus the low of the day You can measure the quality of your buying and selling by comparing your transaction price to that day’s range. When you buy, you want to trade as close to the low of the day as possible. When you sell, you want to trade as close to the high of the day as possible. The result is expressed as a percentage: if you buy at the low of the day, your grade is 100%, and if you buy the top ......
Read the full article
By OT83
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance