[isatrader]

I'd be curious to know how people are putting stops on their stocks now, with the market going so crazy.   There are pretty wide gaps between stock price and 30 week MA.  If I use that as the price point, the loss would be pretty significant.  I'd rather take profits sooner.  What are others doing?

If you concerned about giving back profits and are moving to trader mode then you can use the trendline technique from the book if it's valid. i.e. 3 touch points of the swing lows and put you stop loss below that, and ideally the 50 day MA as well if possible imo. Otherwise another technique is to take some profits .i.e. half off if the stock has had some outsized gains, and then you can be more comfortable siting through a significant pullback.

Or my own techniques are if a stock drops by more than 2x it's 52 week Average True Range from a high, then I'll start to be more aggressive with my stop loss. Or one of my favourite techniques is using Stage Analysis on multiple time frames. So when a stock is running really hot, then I'll gradually move down the time frames to the 2 hour chart, and then I would let it run as longs as it stays in Stage 2 on that time frame and sell on a failed continuation attempt or Stage 4 breakdown on that timeframe for example.

I've attached the daily AMD, NVDA, QCOM charts for you with trendlines drawn on.

I hope that helps