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...
Questions? My E-mail: email@example.com Phone: (702) 490 5317 I have been a trader and TradeStation programer for 20 years. My stock trading systems are outside the box and I post them on the web every day along with a video.
Founder and President Dragonfly Capital. Managed Accounts, Premium Service and free blog at Dragonflycap.com, Professional Stock and Option trader, Author, Get my book here http://amzn.to/1gKxEVv, Adjunct Prof at Case Weatherhead School of Management
Co-Founder and Chairman of Stocktwits, Founder of Wallstrip (Acquired by CBS), Managing Member of Lindzon Capital Partners (Hedge Fund) & Managing Member of Social Leverage (an early stage web holding company) ...I have lot's of ideas. Toronto boy.