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

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gypaetus

1,270 Posts.

03/06/17

18:55

Post #: 25081938
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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?

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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
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