Matt: Thank you for the stop-management thoughts last week.
Got in to SE (Sea Limited) on May 16th and stopped out (right at
the LOD!) on my own $ trailing stop 3 days later.
Jumped back in that same day, and last week switched to a
stop-ratcheting approach loosely based on what you were describing,
and it has kept me in it during its recent run, despite the
pullbacks.
Now up 20% from where I re-entered, and have an objective way to
trail up the stops so that I don't end up doing a round-trip
(currently "guaranteed" a gain of >13% ).
Thanks again for sharing your thoughts Matt! It's a big
help for us who have been finding countless ways to lose money (or
give it all back) on our own.
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Matt: Thank you for the
Posted by rojoch on 1st of Jun 2018 at 03:33 pm
Matt: Thank you for the stop-management thoughts last week.
Got in to SE (Sea Limited) on May 16th and stopped out (right at the LOD!) on my own $ trailing stop 3 days later.
Jumped back in that same day, and last week switched to a stop-ratcheting approach loosely based on what you were describing, and it has kept me in it during its recent run, despite the pullbacks.
Now up 20% from where I re-entered, and have an objective way to trail up the stops so that I don't end up doing a round-trip (currently "guaranteed" a gain of >13% ).
Thanks again for sharing your thoughts Matt! It's a big help for us who have been finding countless ways to lose money (or give it all back) on our own.