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Ep 170: Richard Moglen: Theory vs. Reality When Studying History

Investing With IBD

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How to Trade a Stock Correctly

I think a precise entry is sometimes the best defense in the market because then your stop loss, you're not going to hurt yourself on a normal stop loss hit. And so yeah, if something doesn't go your way, you don't get that hurt as opposed to that problem of buying extended. So I think keeping a tight and logical stop loss and entering a specific area where you can know quickly if you're right or wrong, it's such a big key thing in my trading. It's definitely something I've been proved upon over the past few years. Yeah. This with the relative strength, it kind of sticks out. It's like, wow, it's actually hanging in there

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