tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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There is no such thing as a profitable initial stoploss.
Sorry brain malfunction,meant stock or trade.
The thing that worries me Duc is that this drawdown is occuring in arguably the most bullish trading period we have seen or will see.
Sure early days but think some adjustments could have a positive effect.
Would be interesting to have a dabble with your trades not knowing anything about the exit and entry strategy only working with what you have and see what happens.
I'd keep those profitable in the portfolio and cull those with a 10% loss.
I'd add trades if I could (If capital was available) and not close those below their 180 day M/A to keep them in as long as possible allowing profits to run.
We would end up with different portfolios mine with possibly less stocks but I'm sure they would be working harder.