Would a stop loss selling order after a given % drop with an opportunity to buy back have helped?
I use median trends to determine when downturns and upturns are occurring
They can be weekly (slow indicator) or daily (reacting after 1 or 2 days)
More often than not a stop loss sale during a downtrend can provide a buy back opportunity.
Of course you risk a good announcement that catches you by surprise after selling.
Which is more important fear of loss or fear of missing a gain?
The answer might be to hold some and sell some
Especially if the gain locks in a profit.
This is not financial advice from me, just what I have read.
It will not suit everyone and I am asking the question, not advising.
Everyone has different circumstances and their own personal risk profile.
These are the median trends I use for information and research, not intended as advice.
The aim of median trends is to avoid over-reacting to volatile price movements
Weekly to 6th May, then daily for greater short term sensitivity.
Will post example chart in separate message due to message size limitation here.
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47.0¢ |
Change
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Mkt cap ! $85.19M |
Open | High | Low | Value | Volume |
49.0¢ | 49.5¢ | 47.0¢ | $96.20K | 200.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6161 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.5¢ | 960 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 6161 | 0.470 |
3 | 12951 | 0.465 |
6 | 41009 | 0.460 |
3 | 8500 | 0.455 |
9 | 89142 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 960 | 1 |
0.495 | 21924 | 2 |
0.500 | 97592 | 2 |
0.505 | 20000 | 1 |
0.510 | 19151 | 2 |
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