HDR is still on it's well deserved dream run and all the way up (this time as I held in the last drill dud) I have been moving a very wide stop up with it as not to give it all back should sentiment change towards HDR. I could then reassess my position knowing I have cash in the bank to rebuy when the dust settles.
My question "is at what level should I set my trailing stop so it will not get hit by day to day or weekly volatility and will only get set on a true change in sentiment towards HDR by the market??". I don't mind leaving 20 cents on the table but don't want to get stopped out on a silly rumour etc.
What do you guys/ gals use to limit the downside and how do you set your limit??
Thanks all.
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
