- When you take advantage of a stock sell-off, target the higher quality tech stocks.
- I also cut down on the number of positions as I try to get as much funds into names I have high conviction of.
- When you have a buy point and one of your targets doesn't fall enough, just sell the small position and consolidate the ones that are really falling.
- Creating a core position of a great name allows you to trade around that position. This strategy works at all time ranges except fast money trading. I am becoming a believer in it.
For further details see:
I Hope You Followed My Sell-Off Plan, We May Get Another One, I Map That Out, Also My Trades