Good evening Pete;

My question is regarding Trade Management on a Mechanical Trades. I understand that entry and exits are a two-step process but wanted to know from a protecting my downside if it would be a good practice to have a Trailing Stop Loss at the 10 or 20 SMA as the stock trends higher.

Thanks,

Don

Good afternoon, Coach,

My question is regarding a Mechanical Trade for WMT i placed on 1/21/25 @ 92.53. I entered the trade on the 10 sma crossing the 20 sma, usually the 2nd entry. I know it’s a different strategy, but could additional shares be added based on a 2X ATR (2.96) i.e. 95.90, 97.72, 99.68,102.64 to build the number of shares? I…

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Good afternoon, Coach,

I most likely will not be attend today’s Coaching Call live and have a couple questions on clarification on Mechanical Trades:

1. Is there a method to determine share size similar used in swing trades?

2. Are you aware of alerts that can be used in Trading View to alert:

When price crosses the 20 SMA

When the 10 SMA…

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Good morning Coach,

Looking at W (Wayfair)

Had a good spike yesterday, maybe a day late entering so 2 step entry. IPT is at ATH.

Entry 48.91 SL 45.55 AS 53.57 IPT 58.96 ATR 2.33

Good afternoon Coach;

My question concerns buy stop limits.

By current broker account (Schwab) requires me to input a spread for the buy stop limit.
I usually set the upper limit as per the Swing trade and a lower limit .03-.05 below the buy stop limit. Is this correct?

I have tried entering a limit price, but it usually activates at a…

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