Re: Is Gary's Student here

I think I am getting deeper into this than I want to :-))

I guess I basically understand most of that, but I don't really see how it
applies to the example you posted. As I read your example, that you gave,
there are 4 prices for the day, but nowhere do I see quantity, or where that
stop loss is calculated. I don't understand how you know that the stop loss
is $5, or how you know you have to sell 1 or whether you have 1 to sell.

Are we dealing with just one stock here or many?

--

HTH

RP
(remove nothere from the email address if mailing direct)


"zmr325" <zmr325@xxxxxxxxxxxxxxxxxxxxxxxxx> wrote in message
news:09061355-F493-4A1B-BD4D-277AB34C1050@xxxxxxxxxxxxxxxx
> Basically what stopped out means that say you purchased a stock at $93.00.
> You have a stop loss of say $5. If the price falls below the $88 level
you
> would sell one to get out of your position. You got stopped out. The
market
> didn't go higher it went lower. The same is true for the short side. Say
> you sold a stock at $50 and you stop it out at $56. That means if the
market
> rose and went against you and went through $56 you would have to buy that
to
> get flat your position. Stop losses are just ways to reduce your risk. I
> don't mind if it is a value or text, but probably text would be easier to
see
> and adjust your system. Thank you, hope this helps
>
> "Bob Phillips" wrote:
>
> > There is a lot more information there, but what does stopped out mean?
And
> > what will the formula determine, a number or some text?
> >
> > --
> >
> > HTH
> >
> > RP
> > (remove nothere from the email address if mailing direct)
> >
> >
> > "zmr325" <zmr325@xxxxxxxxxxxxxxxxxxxxxxxxx> wrote in message
> > news:12986991-8D7D-4540-B4E9-C5F27151507A@xxxxxxxxxxxxxxxx
> > > I will try to write it out like this:
> > >
> > > a b c d e f g h
i
> > > Open High Low Close
> > > 1 Date 10 15 8 8
> > > 2 " 8 12 7 9 buy
> > > 3 " 9 20 9 16
> > > 4 " 15 23 14 18
> > > 5 " 15 17 9 10 sell
> > > 6 "
> > > 7 "
> > > 8 "
> > >
> > >
> > > Ok that is what my spread*** looks like. I have =if(and())
statements
> > in
> > > f and g to give me those "buy" and "sell" signals. Now what I want to
do
> > is
> > > write a formula saying that if I have a "BUY" like in f2 stop me out
or
> > cover
> > > my position if the low in how ever many time frames equals or is less
> > than
> > > the close when i had the buy, keep doing this until I have reversed
> > positions
> > > to get a Sell signal or am stopped out. Then do it for the next
signal.
> > > But for the Sell signal it will be agianst the high because you want
the
> > > market to go lower. DOes this help?
> > >
> > > Thank you
> > >
> > >
> > >
> > > "Bob Phillips" wrote:
> > >
> > > > That is very confusing (at least to me). Can you give an example?
> > > >
> > > > --
> > > >
> > > > HTH
> > > >
> > > > RP
> > > > (remove nothere from the email address if mailing direct)
> > > >
> > > >
> > > > "zmr325" <zmr325@xxxxxxxxxxxxxxxxxxxxxxxxx> wrote in message
> > > > news:0CD9EBAD-7D08-4E0B-B306-B5C0AD9DDDBA@xxxxxxxxxxxxxxxx
> > > > > If you could help me I would greatly appreciate it.
> > > > >
> > > > > I need help finding a solution for formula I can not write.
> > > > >
> > > > > Column
> > > > >
> > > > > a b c d e
> > > > > date open high low close
> > > > >
> > > > > data for b,c,d,e go lets say to row a125
> > > > >
> > > > > now in column f and g I have two =if statements with about 4
logical
> > > > strings
> > > > > to place a BUY in f and a SELL in g
> > > > >
> > > > > Now what I need to do is write a formula for a stop loss record.
It
> > > > should
> > > > > be if you have a buy signal you need the low to be >= whatever
> > variable
> > > > you
> > > > > are going to use. I took the close of the period that you got the
buy
> > > > signal
> > > > > minus 6. So I need a way to calculate each timeframe (cell) to
tell
> > me
> > > > > whether the low has gone through that 6 point stop or each the
system
> > > > > generated a new signal which would be a sell signal. THe opposite
> > would
> > > > then
> > > > > hold true for the Sell signal. But it would be with the HIGH
being
> > > > greater
> > > > > than the signal(close) plus 6. DO you think that you could help
or
> > > > anybody.
> > > > > I would greatly appreciate it.
> > > > >
> > > > > Thank you
> > > > > NOel
> > > >
> > > >
> > > >
> >
> >
> >


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