BID chart, page-165

I don’t wait for confirmation these days. I Buy stocks trending above the 200 EMA. Any breach is an immediate Sell for me. The 15/40 crossover appears first. So I’m normally long gone before it gets there.

Just say it bounced off the 200EMA and got back above the 40EMA. If I had to start a portfolio with a 100k cash balance I would invest 5k into this with a 20% stop. I wouldn’t risk anymore than 5% of my capital on a small cap stock.
Worst case scenario my stop gets triggered, I lose 1k and still have a cash balance of 99k.

Hopefully this clears up my thoughts.....