- Keeping trailing stop loss at 15% from 52 week high( or recent high) makes more sense, so your gains doesnt wipe out if stock price starts its downward journey furiously.
- 10 week EMA will be too early to exit. Stan weinstein suggest 30 week EMA, but our entry itself is at very high level or stock price is hovering 30% or 40% above its 30 week EMA, then its too much.
- V-STOP ,i am unsure of, as its derived indicator, if you are already following price and volume, you are anyways dealing with direct data, i suppose.
- Taking out capital and leaving profit to compound , is a psychology bias of treating your own capital and profit differently. Thats a wrong way of looking at money. If my capital is 1 crore and it gets eroded by 30% , I am supposed to be more sad while if my profit of 1 cr getting eroded by same amount should not make me sad as that money is not mine, its market money. This thinking itself has a big flaw. I consider all money, whether my own money or my profit , same and treat then with same attitude. All is my money whether my initial capital or profit. I ought to protect my all money at any cost.
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