Australia's largest stock trading and investment forum Australia's #1 stock forum

Hey Beany Have you seen Dazzle101's post on the STT Weekend...

First 2015 Last

Share
Profile

Follow
gypaetus

1,270 Posts.

03/06/17

18:55

Post #: 25081938
Share

Originally posted by Beany72 ↑

Thanks for the XMD tip off, bookmarked it for some weekend reading.

I'm still trying to work out the best approach for me as I'm still developing my investment process/trading plan and find myself conflicted against different strategies. Like I know some traders do a %loss based stop loss vs a break of support stop loss. Pretty much consider me a lost wanna-be trader. As I've said previously I'm not a flexible trader given my inability to watch the live market during business days (all orders preset before market open).

I think a suitable approach is for me is to establish a core holding in a stock and then utilise trading parcels to trade on top of the core holding on the way up. The trading parcels would have a larger stop loss range. The issue I have, is I haven't been able to get on board a rising stock without being stopped out. I've been taught to set tight stops which has been beneficial on stocks such as HSO before it nose dived... wished I used them earlier in my trading days as I wouldn't be burnt so bad by CCV.

Given the comments lately, I might be looking at too small a time frame and should work do more off a weekly?

Expand

Hey Beany

Have you seen Dazzle101's post on the STT Weekend thread for a scan for rising stocks?

https://hotcopper.com.au/posts/25079718/single
2 Upvote

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Optimising your equity market strategy: Tips for investors

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 444 more messages in this thread...

First 2015 Last

SPONSORED BY