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	Comments on: OSTK 2nd Buy Signal Triggered, GBTC Trade Update	</title>
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	<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/</link>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9204</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 18:52:53 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9203&quot;&gt;Dangerine&lt;/a&gt;.

No problem. Stops would be commensurate with your preferred price target based on your entry price along with a favorable &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.&#039;&gt;R/R&lt;/abbr&gt;, such as 3:1. E.g.- If targeting the 12.00 area &amp; assuming an entry price on OSTK of 8.00, then a stop around 6.67 (12-8 = 4, 4/3= 1.33, entry price - 1.33 = $6.67). A higher stop, if only targeting the 9.19 area &amp; possibly (or not) a lower stop if targeting the 14.90 area.

Of course, you can also use a more favorable R/R ratio (4:1, etc..) although the tighter the stop, the higher the chance of being stopped out, even if OSTK does go on to hit any or all of the price targets soon.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9203">Dangerine</a>.</p>
<p>No problem. Stops would be commensurate with your preferred price target based on your entry price along with a favorable <abbr class='c2c-text-hover' title='Risk-to-Reward Ratio. e.g.- a 3:1 R/R would entail risking $1 of loss for every $3 of profit potential on the trade.'>R/R</abbr>, such as 3:1. E.g.- If targeting the 12.00 area &#038; assuming an entry price on OSTK of 8.00, then a stop around 6.67 (12-8 = 4, 4/3= 1.33, entry price &#8211; 1.33 = $6.67). A higher stop, if only targeting the 9.19 area &#038; possibly (or not) a lower stop if targeting the 14.90 area.</p>
<p>Of course, you can also use a more favorable R/R ratio (4:1, etc..) although the tighter the stop, the higher the chance of being stopped out, even if OSTK does go on to hit any or all of the price targets soon.</p>
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		<item>
		<title>
		By: Dangerine		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9203</link>

		<dc:creator><![CDATA[Dangerine]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 18:01:19 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195144#comment-9203</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9201&quot;&gt;rsotc&lt;/a&gt;.

sorry i meant OSTK]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9201">rsotc</a>.</p>
<p>sorry i meant OSTK</p>
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		<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9202</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 17:57:53 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195144#comment-9202</guid>

					<description><![CDATA[RIOT starting to move in sympathy with Bitcoin with the next buy signal to come on a solid break above 1.30.]]></description>
			<content:encoded><![CDATA[<p>RIOT starting to move in sympathy with Bitcoin with the next buy signal to come on a solid break above 1.30.</p>
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		<item>
		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9201</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 17:57:30 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9200&quot;&gt;Dangerine&lt;/a&gt;.

On GBTC or OSTK? On GBTC, being that it is trading above the original entry price of 8.46 on the official trade (trading at 9.01 as I type), I would add that 0.55 difference to the max. suggested stop of 7.72 if targeting &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Third Profit Target&#039;&gt;T3&lt;/abbr&gt; while using a higher-stop if only targeting the yellow &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line or the 10.46 level.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9200">Dangerine</a>.</p>
<p>On GBTC or OSTK? On GBTC, being that it is trading above the original entry price of 8.46 on the official trade (trading at 9.01 as I type), I would add that 0.55 difference to the max. suggested stop of 7.72 if targeting <abbr class='c2c-text-hover' title='Third Profit Target'>T3</abbr> while using a higher-stop if only targeting the yellow <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line or the 10.46 level.</p>
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		<title>
		By: Dangerine		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9200</link>

		<dc:creator><![CDATA[Dangerine]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 17:48:08 +0000</pubDate>
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					<description><![CDATA[randy what stop do you put on an entry here?]]></description>
			<content:encoded><![CDATA[<p>randy what stop do you put on an entry here?</p>
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		<title>
		By: jamesp		</title>
		<link>https://rightsideofthechart.com/ostk-2nd-buy-signal-triggered-gbtc-trade-update/#comment-9199</link>

		<dc:creator><![CDATA[jamesp]]></dc:creator>
		<pubDate>Mon, 06 Jan 2020 17:29:59 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195144#comment-9199</guid>

					<description><![CDATA[thanks Randy, took out a position long into this breakout]]></description>
			<content:encoded><![CDATA[<p>thanks Randy, took out a position long into this breakout</p>
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