SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Timing the Trade the Wyckoff Way

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: puppyb who wrote (13897)12/26/2015 12:35:08 PM
From: coferspeculator  Read Replies (1) of 14340
 
hi puppy

every buying decision should depend on whether the odds are favorable enough to produce a reward that is at least two times better then the risk . . . three times is much better than two . . five or more is the best . .

if you sell with a trailing 10% stop loss you'll need to know at what prices the stock's odds will be favorable for repurchase . . assume the stock rises 35% and then pulls back from its highs by 10%, a very normal reaction,
and you sold it . . then it rises100% but you didn't buy it back hoping to do so at a more favorable price . . .

you'd miss out on the type of performance which counts . .
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext