Menu Close

Pyramiding & Stop Loss – Building and Managing a trade

QuestionsCategory: QuestionsPyramiding & Stop Loss – Building and Managing a trade
Zai Mao Chong asked 5 years ago
    1. Pyramiding and Stop Loss: After breaking out from a base, rules are buying 50% size at the pivot, 30% more if price advance between 2% to 5%, final 20% if price advance a further 2%.
        • In the scenario where we’ve just completed pyramiding and the price immediately drops, how do we manage our position? Do we sell All below the pivot point ? Or we sell some of our adds early above the pivot point to protect our capital and giving the main 50% size some wiggle room and sell only if price drop 3% below pivot ? If its possible, can you walk us through with 1 chart example ?

       

        • When pyramiding, once the price advance (first 5% price advance and final 2% advance) and its time to add, if there’s no increase in volume during these price advance, will you still add or you will add but with less size ?

       

       

 

    1. Follow through day: Will you be able to show which date is the follow through day in SPY for the clear signal to buy the stocks in the big stock winner list for 2007 you have mentioned in the webinar on 29 March, Sunday night ?

 

Thanks!!

2 Answers
Avatar photoOwen Staff answered 5 years ago

Hi Zai,
Video from Patrick: (on pyramiding)
https://youtu.be/NM2s3LTsDM0

Avatar photoOwen Staff answered 5 years ago

Another video (on the follow-through day)
https://youtu.be/H8xSEVHKw7o