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Super Stock Picker Forum > About Strategies > Your Succesful Stocks Picks and Strategies > Term needed for buying/selling stable stock on the up/down ticks

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Topic: Term needed for buying/selling stable stock on the up/down ticks (Read 12608 times)

super2u

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Term needed for buying/selling stable stock on the up/down ticks

« on: May 30, 2011, 10:30:12 AM »

My financial terminology is weak so bear with me please.
I need the term that describes one buying a very stable stock that perhaps fluctuates very little. Say AAA stock has an annual low of 49 and a high of 51. I might buy it automatically when it dips to 49.5 and automatically sell when it rises to 50.5. My transaction size is around $50,000 to minimize stock transaction costs. I have a stop loss at around 49. I would monitor it several times a day.

Is there a term for this style of trading?


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