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Strategies & Market Trends : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?


To: pcyhuang who wrote (194)9/16/2006 10:18:38 PM
From: jsabelko  Read Replies (1) | Respond to of 4080
 
pcy,

Agreed, but a bit vague. Do you have any hard rules you follow, ie x percentage gain for a sector. Likewise for individual stocks can you quantify a "great deal", 50%? And for trailing stops what % below market do you usually set or what other method do you use to set the stops. Just want to get a feel for exactly what others ar doing so I can think about tweaking my methods.

thanks,
joby



To: pcyhuang who wrote (194)9/17/2006 8:53:35 AM
From: Julius Wong  Read Replies (1) | Respond to of 4080
 
>> if the stock has advanced a great deal, I would use trailing stops <<

Not all brokers offer trailing stop orders.
Investors should have accounts at brokers that offer trailing stops.

Julius