3min chapter

Forward Guidance cover image

The Fed Put Still Lives | Vincent Daniel

Forward Guidance

CHAPTER

How to Choose the Right Stock for You

If I'm doing something that's more in my wheelhouse, say in the financials, I have more flexibility in my brain as to how much tolerance of loss that I will have. If you leave the stop incredibly tight, like a 1% stop, your loss is limited. So maybe while you put the position on, you can do the research because you don't want to miss out. Slap some on, do the work, see if your initial views, the work confirms your initial views and then you could increase it accordingly.

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