The Green Line by Ron Jaenisch
Knowing when to exit a trade can work wonders for your trading returns. Heres one tool that can help you make that critical decision.
It was a very hot day in September and I was at a private lunch meeting with the CEO and CFO of a legal consulting company. They were making the rounds to encourage well-heeled investors to consider investing in their company. Their stock had a high market cap but a low daily turnover, which for most money managers, is a criterion that brings up a caution flag.
I decided to use the opportunity to practice presenting a small piece of what I was working on, one of the many automated techniques used by the technical analysis software that was being built for a family office consortium...