[Red Barron]

This chart says to "buy a close" above breakout resistance. Note, the quote says just to buy "a close" above resistance, not necessarily the 1st close after breakout. Curious and vague. I don\'t remember reading in the book to buy a close. Often, a stock will jump up and close at a high price only to tank the next morning or in after hours trading. So, I'm a little hesistant to buy at the close. I thought the book implied to just buy 1/8 of dollar above resistance. Sam's book badly needs a new edition written by him, or someone else w/expertise. The market and trading has changed so much since back then.

Trailing Stop Loss Guide for Traders (Average 2 to 4 months)