As the stock moves in his favor, the stop-loss orders are raised. If the trader is 'stopped out' he will get back in when the stock goes through his entry point again. This is what separates the pros and the amateurs, the pros - just get it done, while the amateurs just hesitate and miss the boat. One may want to stalk the Break-Out list because many of these stocks will move to the pullback list, before resuming their climb. The pullback player wants to pay very close attention to the volume on the pullback, assuming that it will be less than the volume that drove the stock up.
Stocks typically trend down a few days, before returning to their highs.
As the stock moves in his favor, the stop-loss orders are raised. If the trader is 'stopped out' he will get back in when the stock goes through his entry point again. This is what separates the pros and the amateurs, the pros - just get it done, while the amateurs just hesitate and miss the boat. The IPO Strategy may be the most powerful that we suggest. The IPO Player waits for heavily desired Initial Public Offerings to return to lower levels.