Question for traders…..
1 min readOn my final dow short in which I was going short after the data with a target of 10600 cash which was 10550 on the YM
Where would you put your stop on this play? (using the YM)
I’ve done a poll on this thread HERE regarding stop placement.
Here was the play again:
Here are the choices for your stop placement:
1) Above the last short term swing high at 10571
2) Above the downtrend line
3) Above the high of the day
4) Any other place (post in comments where you would place it)
I would appreciate your thoughts and comments. :)