The Darvas Box Thread - Using the Nicholas Darvas system Message Board

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Strategies & Market Trends : The Darvas Box Thread - Using the Nicholas Darvas system

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To: darvasboxes who wrote (483)	6/30/2005 9:14:22 AM
From: Bob V	Read Replies (1) of 498

About setting the stop loss; I've made a small modification - A stop is NOT placed a fraction below the buying price but 1% below the bottom of a new box. Hope we can learn together.... Why the wide stop. If the stock comes back into the box it broke out of doesn’t that make the trade invalid? Why not take a small loss and wait for it to breakout again? You could wait quite a while for the stock to move out out the box again and your capital could be put to better use on a different stock. It would also protect against large losses if the stock breaks down. Why hold a stock that’s not doing what you want?

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