Hi Bultana,
I think that not all that much has changed in the 24 hours since I bought, so there is no fundamental reason to move my stop loss at all. Just as quickly as it moved to 26, it can go back to 23, (my entry) and if I moved my stop loss to 23, bang I would be out, when really it is just retracing some of its gain.
However if it started to move back toward 22 or 21, then I need to protect my capital, and thus would exit.
This is my own crazy logic....no real brilliance to it.
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- volume is up...keeps going north
Hi Bultana,I think that not all that much has changed in the 24...
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