back in 2011 i advocated a no-stop type of strategy - buy and hold and collect dividends but sell if a 10% gain can be obtained. while that is not wrong it does mean that there is at least 1 turkey (ewz) in this account dragging down performance and maybe some winners for which i left money on the table. so i am going to try to goose this account a little by allowing stop orders, so that the turkeys get taken out earlier and the winners left to run.
i have decided to pursue an investools type of strategy whereby there is a trio of indicators that guide the entry and stop adjustment. here's what i have in this account now:
|Symbol||Qty||Last||Change||Mkt Val||Maint Req||Cost||Gain($)||Gain(%)|
dbo, ewa, ewx and ewu were purchased in the last 30 days so there is no sell-stop order on those yet. the others have a sell-stop that is 3% below a recent low. i will adjust the stop upward if the indicator trio goes to a sell condition. i have kept ewz to see if it can't improve its price a little but will shed no tears if gets taken out in the normal course of this strategy.