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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: hankinvestor who wrote (13728)4/30/2015 1:44:19 PM
From: Joe Highlander   of 14340
 
The question arises, what if anything we need to do in response to this consistent about 2% extra hit on all sells, initial stops, raised stops, selling on the violation of any of the supports?

The gap downs, the failures are old and expected costs of doing business. This 2% extra hit is newer cost. And it is almost on every sell, except the ones on the way up.

Should we move stop loss to 8%, and know that it will be taken out 10% below the purchase price? Or just accept this extra penalty and not do anything?
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