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S, L = 15 and 60 week moving averages. Buy if a) P>S>L AND b) Sâ€™, Sâ€™â€™, Lâ€™, Lâ€™â€™ all >0. Define EXIT=(S+L)/2. Sell if c) P<=EXIT OR d) Sâ€™+Lâ€™<0 OR e) $ loss limit reached. Note: condition (d) ensures that EXIT never declines.
Co-Founder and Chairman of Stocktwits, Founder of Wallstrip (Acquired by CBS), Managing Member of Lindzon Capital Partners (Hedge Fund) & Managing Member of Social Leverage (an early stage web holding company) ...I have lot's of ideas. Toronto boy.
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Head of Community Development @ StockTwits. Evangelizing Social Communications for Investors, Traders, & Public Companies. Independent Options Trader. Short Gamma, Long Optimism. Hiking Enthusiast. Not in Chicago anymore.
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