WFL 0.00% 0.3¢ wellfully limited

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  1. 1,060 Posts.
    NS > i think what 4walls is saying is that there will be a lot more action into close as traders sell out of their positions for the weekend - i.e. 20M is not much turnover if traders are getting out for the weekend

    generally traders set stop losses at 2% of investment (i.e. buy in at 0.042, stop loss set at 0.042 x 98% = 0.041)- which will commonly be tested and why you see it drop 3 times faster than it rises... but as we've seen quite a bit of volatility these SL levels have been tested without a slip

    ... but he/she is only right half of the time

 
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