@ChaitanyaC , @Sudhakar_Subramanian ,
Many times we can learn from the mistakes of others too. Just saw a video of Invetsing Fool , who follows the same rank based strategy and he recently re-balanced on 15th sept, one stock which was sold from his portfolio in this rebalancing was BEL, which he purchased on 15th May and on 15th sept when he sold, he had zero returns, but that stock was at 54% up in july somewhere, but he lost all his gains, by the time the stock went down in ranking and left the portfolio. So my view is , if he had put , lets say 15% as a trailing stop loss, he would have salvaged atleast 30-35% gains, instead of losing all the gains.
I have given a thought whether to apply quantified trailing stop loss of 15% exact or it to be based on Moving averages , so to get some trending benefits. Will write about it in some while.
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