[isatrader]

...The problem I have is on page 63 when he says that the Investors should do "75 to 80% early stage two buying with the remainder coming from continuation moves".

Now, since that continuation moves have been clearly marked as the sole domain of the trader can someone explain what he means here. Surely he doesn't mean 'pullbacks' or does he?

No, as I understand it he's talking about the trader continuation moves, as as you said, he recommends investors should do 75 to 80% of early Stage 2 buying, the remaining 20 to 25% should be good quality Stage 2 continuation moves. i.e ideally breakouts from big Stage 3 consolidations like multi year cup and handle patterns that breakout to new highs with the usual volume requirements. He's not talking about minor Stage 2 continuations imo, but the first significant Stage 2 continuation would be a good spot also, and even better if that continuation move coincides with a monthly Stage 2A breakout imo.

QPP.L is a good recent example of a strong continuation pattern to new highs with multi year pattern imo. It recovered from a brief but sharp Stage 4 breakdown and then consolidated for many months before making the Stage 2 continuation to new all time highs with increasing volume.