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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?


To: davidk555 who wrote (2101)7/24/2008 10:02:10 PM
From: octavianRespond to of 2121
 
David K. said:

<<My philosophy on trading is to use relatively tight stop losses to minimize losses and then use trailing stop losses as the security goes up to ride the profits for as long as possible while simultaneously keeping the emotion out of the equation as selling is always more difficult then buying.>>

--I'm not arguing with you, David. But it has been my observation that your strategy works much better in theory than in reality.

The trouble is, stocks often go down, triggering a stop-loss, and then turn right around and go straight back up.