RE: Stan Weinstein's The Heretics of Finance Interview Excerpt
(2021-04-21, 01:42 PM)Marknyc Wrote: Slightly confused by Stan's guidance here for the investor approach.
Normally you would place the Sell trigger below the last significant pullback's 150 Day MA. So do you think he is recommending this just for the Trading method?
If applied to the Investor method would we place each of these sell thresholds at the last significant pullback or literally sell when it crosses the 50, 150, and 200 day MA and ignore his previous Investor selling rules?
The interview was 20 years after the original book, so I think it suggests that he modified his sell rules over time from what was in the original book. And yes, this would be for the investor method, as in the trader method you are going to exit mostly at the 50 day MA breakdown.
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.