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Contingent Sell Stops

QuestionsCategory: QuestionsContingent Sell Stops
Stuart Selig asked 3 years ago

Hi Pat – Three questions:

  1. You mentioned a contingent sell stop price of 1.25% below the buy stop. Is that a typical percent to risk. What’s the minimum or max you would risk on a contingent sell stop?
  2. I made a mistake buying too much ZIM before the close today. Do you ever trade in the after-hours market?
  3. When is it time to “put on the gas” in terms of position-sizing? A couple of positions are working. However, I’m concerned my initial position size was too small. I have FOMO and want to buy more, but it’s seem stupid to add too much more now. Thanks.
1 Answers
Avatar photoOwen Staff answered 3 years ago

Hi Stuart,
Pat made this video for you:
https://youtu.be/hoSSUxzHB-w