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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (93011)5/30/2017 5:38:45 PM
From: John Pitera2 Recommendations

Recommended By
Arran Yuan
GROUND ZERO™

  Read Replies (1) | Respond to of 218580
 
Hi GZ, no worries.... I have only been on SI briefly the past few days as I was attending to Memorial Weekend activities.

so I bought it, and my stop is a 2% risk stop, I'll risk no more than that for any trade...


That was Larry Hite's magic stop loss level for any position, as a % of account equity as profiled in Hite's interview in the very first Market Wizard's book by Jack Schwager.

here is a great 22 page PDF of the study notes put together by a Zhipeng Yang

people.brandeis.edu

John