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Simple question!



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Hi Rts,

I have a very simple question:

You short it at 10 and you calculate the resistance levels at 8 and 12;
the price falls down to 6!

Would you place the buy-stop order at 8 to protect profit OR place it at
12 to increase your chance of bigger profit or loss?!

Thanks,

Frank

P.S.: I forgot to mention that I have a very bearish bias in the prices
due to my technical indicators.