Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I WAS STOPPED OUT OF A STOCK THAT THE STOCK TRENDS PORTFOLIO STILL HOLDS, EVEN THOUGH THE STOCK PRICE DIPPED BELOW THE STOP LOSS DURING THE WEEK. WHAT HAPPENED?

April 26, 2017dipped holds loss portfolio price stock stopped trends week

0

Posted

I WAS STOPPED OUT OF A STOCK THAT THE STOCK TRENDS PORTFOLIO STILL HOLDS, EVEN THOUGH THE STOCK PRICE DIPPED BELOW THE STOP LOSS DURING THE WEEK. WHAT HAPPENED?

1 Answer

0

Posted

The Stock Trends Portfolio exit strategy is based on Thursday closing prices, not daily trading. A stock’s price must close below the stop price on Thursday in order for the position to be sold. As a consequence, followers of the Stock Trends Portfolio should not place stop loss orders with their broker. Instead, they should wait for the trigger to be hit and place the sell order after the Thursday close.