Australian (ASX) Stock Market Forum

The guru of timing...

Happy said:
You don’t seem to ever follow up your exited stock. Why?
Some of them I have bought again later, but usually not straight away as I've typically already used the funds for another purchase by then.

Cheers,
GP
 
Great,
Well, one of the little things to think about would be to have some funds stashed away for ‘Great buys’.

I also try to determine ‘maximum chase entry’; Guppy’s got it about as high again as the difference between initial stop and entry.

My initial entry would be $0.68 or $0.69 – just above small red candle above trendline
Stop would be $0.61 (just below last red candle crossed by trendline)
Making maximum chase entry $0.69 + $0.08 = $0.77

But my stop would still be $0.61 as the rest is breathing space until the day when you sold.
After that day my stop would go up to $0.67

And you guest it, retrospective talk is easy.
 
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