Hi guys,
Good info in above posts, only one problem the current market will not value stocks as you would like them to be valued.
With ALL HIGHLY LIQUID spec stocks I think you have to go with the market which in this instance is TA for entry and a fairly generous trialling stop loss.
It is this simple isn't it or am I missing something ?
With this type of stock always strategy before stock.
BTW am a HDR believer, I have got the feeling this baby will be a traders dream over next couple of years, ie. a highly volatile stock hopefully with a very long term uptrend , your trailling stop strategy is the key. If you stuff this up could begin to play with your mind.
Rob.
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