RE: Beginners Questions
Hi,
It all makes sense in theory after reading the book but I am having a hard time applying everything in practice.
1) For example, I am not sure where I should (should have) exit on the stock below (LNA).
I don't really see that the 30-week MA is flattening out to increase my exit point, yet it looks like I should get out of this stock now that it has lost more than 10% rapidly. What do you think?
2) Also, in general, do you feel that the stage analysis method as it was explained by Stan is somehow not working nowadays because of the high volatility of the market where a stock would lose a lot in a couple days?
Thanks