Mid-Week Macro
Don: What is your opinion about putting these miners that I own on a 10%-15% trailing stop?
I'm not much of a trader but would like to get better at managing the risk of a 20% decline in these stocks which is inevitable at some point IMHO.
Do it based on the s&p being down 10% to 20%. Otherwise you will get shaken out and the stock can go higher again. IMO, until the stock market breaks, money will continue to flow into gold stocks and gold
Don: What is your opinion about putting these miners that I own on a 10%-15% trailing stop?
I'm not much of a trader but would like to get better at managing the risk of a 20% decline in these stocks which is inevitable at some point IMHO.
Do it based on the s&p being down 10% to 20%. Otherwise you will get shaken out and the stock can go higher again. IMO, until the stock market breaks, money will continue to flow into gold stocks and gold