DMC 0.00% 30.0¢ design milk co limited

Hi Bultana,I think that not all that much has changed in the 24...

  1. 2,892 Posts.
    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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