hahahh thanx on the advice i have added a 8% stop loss into it. thnx for the advice chahine
No problem. That way you get the best of both worlds. William O'Neil who is an investing genius calls the 8% stop loss "insurance". His philosophy is, average traders will probably only make money on 1 out of 3 trades. But if you limit your downside to 8%, you can never lose money because the winning trades will be for more. It is an investing best practice to at least have some sort of exit strategy, if only a mental stop loss.
HappyHarry i like that 8% stop loss WHT fell to around 5% drop couple of days but picked up again to reach ..... a groth of 75% to a new height of 3.27.... if the gold keeps on moving the same was last couple of weeks which i predict it will i should see some fairly good return on it... hopefully a triple digit :wink: but for sure the 8% releaves the burden of following the the movement of the stock on a consistent basis.... chahine
