RE: Beginners Questions
(2016-07-19, 10:28 PM)Sartois Wrote: Hi,
I'm sure this question has already been answered somewhere, but I'm afraid I can't find it; whilst not new to investing, I'm new to Stan's system, so...when deciding when to sell a stock, what time frame do you look at?
Obviously a longer time frame with candles (or whatever indicator you choose to represent prices) covering a two week period will be less responsive in comparison to a shorter time frame with 1 day candles, however with the latter there's a risk of whipsaws and selling unnecessarily on the shorter MA.
So...stick with the 30-week MA and potentially lose some profits, or go with a shorter time frame and potentially sell too soon?
Thanks,
Sartois
Hi Sartois, welcome to the site.
The book shows where to place the stop losses if you are using the Trader or the Investor method, and I did a thread on here called the Stop Loss Positioning Guide, which looks at it too. Here's the link: http://stageanalysis.net/forum/showthread.php?tid=25
But the first thing you need to decide is if you are a trader or an investor, as there's a huge difference to where the stop loss would go.
I hope that helps
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.