Toxxxic,
Once again this is a misconception. You would of been stopped out once on the run up. Exactly once. With a 20% stop loss.
Here's a chart and I will show you when and why the stop loss would MAKE you money.
20% trailing stop loss on a speculative run will save you money. I use 10% until I free-carry thus why I would of been stopped out at 22c (as I did and rebought), then 44c (as I did and didn't rebuy) then I chose not to rebuy simply because it was out-side of my trading plan (risen more than 1000% in the current run is not a buy for me in my trading plan), if it consolidates here for a month or so I'd consider it a separate run..
Earnest Projections and Advice, page-46
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Last
18.3¢ |
Change
0.008(4.29%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.3¢ | 17.5¢ | $244.5K | 1.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 203077 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 1183698 | 25 |
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