We base our
stop-loss indicator on the NASDAQ 100 index because we do not know
which mutual fund that you will choose. Each relevant fund sits at
a different price depending on how that particular mutual fund
company calculates its price.
- The
easiest way to follow our stop-loss is to subscribe to our
java-charts. Set an alert for the NASDAQ 100. When the NASDAQ
100 index reaches the target level, you will be notified. You
can then close your mutual fund position.
- Base
your stop-loss on the percentage difference between the price
that we issue, and the price of the NASDAQ 100 index for that
point in time. Unfortunately, due to the variety of mutual
funds available to trade, you will need to perform this
calculation manually and apply it to your own mutual fund.
To calculate your stop loss, simply follow the following simple
calculation:
|
stop-loss for your fund |
= |
our stop-loss price |
X |
your fund current price |
|
|
current index price (^NDX) |
|
|
|
