Kindly mention the SL for your calls. Also do you teach technical analysis for those who want to learn it. If no kindly suggest as how to go about learning the subject.
What About mentioning Stop Loss in your blogs for your stock calls ?? Kindly consider mentioning it as it will help others to know the risk reward ratio of your short term calls.
Stop loss doesn't give you a risk reward ratio. Your strategy and stock selection gives you a risk-reward ratio. Stop losses protects you and limits your down-side risk.
Anyway I don't give stop losses as I don't buy shares based on their popularity; instead I only deal with shares which are fundamentally strong and which are good for investment purpose. Being fundamentally strong, even if the prices fall after my recommendation you can continue to hold it for a while as it recovers back in some time. Anyway if you still want a stop loss you can keep it approx 5% of your purchase price.
Hi Ashwini,
ReplyDeleteKindly mention the SL for your calls. Also do you teach technical analysis for those who want to learn it. If no kindly suggest as how to go about learning the subject.
No, I don't teach technical analysis. You can refer to a book called "Getting started with Technical Analysis".
ReplyDeleteWhat About mentioning Stop Loss in your blogs for your stock calls ?? Kindly consider mentioning it as it will help others to know the risk reward ratio of your short term calls.
ReplyDeleteStop loss doesn't give you a risk reward ratio. Your strategy and stock selection gives you a risk-reward ratio.
ReplyDeleteStop losses protects you and limits your down-side risk.
Anyway I don't give stop losses as I don't buy shares based on their popularity; instead I only deal with shares which are fundamentally strong and which are good for investment purpose.
Being fundamentally strong, even if the prices fall after my recommendation you can continue to hold it for a while as it recovers back in some time.
Anyway if you still want a stop loss you can keep it approx 5% of your purchase price.