How to Cut Losses and Take Profits

You almost let the market pick the stocks for you. The other nice thing about this strategy is the loss cutting rule. You can almost get in, trick your brain into being okay with taking a loss and okay with taking the trade. This pyramid is your guide to entry. Buy them as close as you can to the pivot. Add around two and a half percent. But I'm always buying more on the way up versus you never want to buy more if it goes against you.