ROBT: Technical Analysis: Risk Control
For long position, enter the trade position at a price below 5 day low moving average $52.7891. The short term down side risk is the suport level at $47.8.
For short position, enter the trade position at a price above 5 day high moving average $52.7891. The short term up side risk is the resistence level at $56.13.
Trading risk can be controlled by either stop limit, or holding period. Besides your own risk tolerance, the volatility of ROBT and the trading strategy dictate what stop limit to use. ROBT price fluctuates 0.45% within a day, 1.75% (including gap-up and down) daily, and 4.01% weekly.
Entering a trade for ROBT at the best time of a day will improve the ROI and reduce the chance of being stopped out.63% of trading days fluctuate 1% or more. 28% of trading days fluctuate 2% or more . 12% of trading days fluctuate 3% or more. 4% of trading days fluctuate 5% or more.
Choose a trading strategy and click Evaluate button to see how different stop limits will impact the return for trading ROBT.
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