Risk Reward Determination Tool

[Xaineray]

This is very very good!

[KnowledgeDriven]

btw brian, gr8 tool and gr8 vid!

here i am leaving a long off-topic comment and not even thankin ya! :(

i did thumbs up italianchappy tho :)

[14toskr]

All the advertising on Youtube is getting really anoying!

[endlessmountain]

Good idea. However, I would like to see equity costs for trade as you had +480/(90) for reward/risk and if you have $10 trades then the reward/risk ratio would be 460/(110) with a $20 cost for two trades on the buy & sell

Note - your scanner says TLT is an invalid symbol and that is a common ETF for the bonds. One I am currently looking for a sign of weakness to go short.

[KnowledgeDriven]

hey derek, how do i send you a pic from freestockcharts i took?

if TSHTF again & deleveraging clusterfuk ratchets down again, TLT may experience similar behaviour as last time.

it just depends where the big hot $ needs to be temporarily stored during general times of tomfukery.

just mho, but i'd wait for upside break out from the down channel and re-evaluate then. it may not bounce down back into the channel like you think at that time.

[endlessmountain]

You can send a photo to me by uploading it to an online site like TwitPic and then send me the link.

[KnowledgeDriven]

hey derek, i just decided to upload a cam studio capture of the chart... it's my only uploaded vid (so far)... :)

[cool70200]

nice

[italianchappy]

thank you very much, great tool !