
Ep. 67: Kathy Donnelly: How Post-Trade Analysis Can Help Increase Your Gains
Investing With IBD
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How to Strategize Your Portfolio by Creating a Mental Capital Preservation Stock
The super critical line is that 40 decline if you have the ability to withstand some pretty decent sized pullbacks. The best way to explain that is basically just how much profit do you want to retain? You know, do you always want to retain 50% of your profit? 40, 60, what's your level? And what I have found out for me is my level is 60%. So once I have that 50% gain or more in the stock, I want to retain 60% of my profits. That's like my long term sellable. If I can get to that point, I have a stock that's 100% or more.
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