Hi Totts,Thanks for the wise words.Recently my stops saved my...

  1. 246 Posts.
    Hi Totts,

    Thanks for the wise words.

    Recently my stops saved my bacon, on the first leg down of the current correction. I have been anxiously awaiting signals to get back in, but of course it all seems a bit early and probably needs to settle for a while.

    My question is setting stops. Previously I have been taken out when my stop levels were a tick too high, so were hit during a biref bounce down. Last stops were set below the obvious support levels. It seems quite tricky to have good stops at levels that are not potentially targetted during weaker periods.

    Cheers,
    Pelsaert
 
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