RE: Beginners Questions
Quote:But one thing I learnt from some additional study that I've done on the stop loss positioning in the Elite section of the site using examples from the Global Trend Alert Newsletter that Weinstein does, is that the investor stop loss can be raised more frequently than the book suggests, as long as it stays below the significant swing low and the 30 week MA. And so, in this case it could have been raised from the 1400s placement in November gradually up to just under 1650 as long as it stayed below the 30 week MA. I haven't got clarification from Weinstein on this, and it's something I intend to ask directly. But my research of his GTA examples suggest that it is the case, as there were multiple examples in his newsletter of the investor stop loss still under the swing low, but having been moved up with the 30 week MA.Ah-ha. So it is reasonable for investors to raise a stop under a rapidly rising MA30 provided it is no higher than that previous low. That looks like a compromise between the investors way and the traders way in the book. That would seem to provide an extra comfort zone on several of the stocks I have bought - if the stock rises with no signficant dip the stop can end up 20% away. To be honest need to gain a bit more experience here.