I use tight stops, which I adjust daily. I let winners run, but take half off when my goals hit. I only trade from my watch list and if technicals are right. I try to avoid buying when overbought or outside channel.
I've learned the hard way...
Trend follower, portfolio manager, market technician. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Only took 25 years to find what works for me. Always learning.
I am an intermediate equities and options trader with 10+ years of experience. With my background in Math and Comp Sci, I develop, write and test my own indicators and trading systems. My opinions are just that, opinions.
Disclosure : These are just our ideas and opinion. We may or may not have positions in the stocks mentioned. No statement provided herein should be construed as a recommendation to buy or sell any security or to provide any investment advice.
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All Opinions stated are solely mine & not affiliated with any Business/Financial Entity.