Fitzstock Charts

$SPY holding 10 sma

Posted by on January 15, 2013

spy

4 Responses to $SPY holding 10 sma

  1. george vernasco

    hey Fitz !!!

    love the charts luv the calls hate the “BULL” !!!!
    lol lol we need a real Bull like the bear.

    just my two cents

    gv

  2. Mason

    Hi David,
    1) Do you scale out 1/2 or 3/4 of the position? OR do you vary it & leave a larger runner when the market is in a “powerful uptrend”? 2) Is the runner vs cost (which would “guarantee” a profit overall) or vs the low of the day which might allow you to lose money on the runner portion but gives the stock more room to run higher?

    Thanks. Love the site.

    Mason

    • David

      Thank you , Mason.

      I scale out 3/4 fast, to reduce risk, and then let runners RUN…..good luck

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