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h00ts

46,388 Posts.

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22/07/19

11:25

Post #: 39628138
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Originally posted by Bre Wolf ↑

Hey @

h00ts

what would you consider to be a good percentage a loose trailing stop loss to apply to Top 100 $10B+ type stocks.

I am considering implementing one again for my holdings in A2M now that I have held them for approx 3 years and wish to apply some protection should a major global shock suddenly occur ( like Deutsche Bank blowing up / Housing Crash or GFC2 hitting suddenly ).

The reason I am asking for an opinion (not advice) is ;

1/ I highly respect the views you have posted alongside your TA which I followed and have gained greater insight to market TA trends.

2/ All of my previous trailing stop losses implemented have been hit by the big instos shaking the tree with the games they have played and will play again in the future.

This caused my holdings to be sold before I had a chance to cancel the SL and trigging unwanted CGT and then forcing myself to buy in again at a higher price SP once I found out what had happened.

Therefore I was considering apply approx 20% trailling stop loss (against the daily closing SP ) for protection against further losses.

Again my reasoning is that a one day fall of that magnitude would suggest a major event / market crash had occurred (which could fall further) and help protect the the remaining 80% of my capital of my share holdings from being wiped out further.

Again just looking for ideas and appreciate your views on protecting stock holdings . Thanks

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there are lots of videos on you tube perhaps watch a few and see which one suits you best . depending on how much paper profit you are sitting on would determine how tight a trailing profit lock you have - Its more important to have a tight stop when you a enter a stock to minimise a loss - Rule of thumb no more than 20% of your portfolio in one stock and a stop loss of say 5% - 10%

For locking in profits you dont want to be whipsawed out of the trend so something in the order of 10% to 20% trailing stop to protect profits - so with A2M your stop should be adjusted up as percentage fall from each new all time high.

great stock well done to all those who got in at the beginning and have ridden it all this way - Ironically the time you would have got stopped out is when the CEO sold her shares - go figure hey.

cheers h00t

Last edited by h00ts: 22/07/19
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