Ask Colin

I have a problem with PTD because the chart says I should sell, but the fundamentals look promising. What should I do?

I am sorry that I cannot comment on a specific stock. However, your question suggests to me that you have not yet developed a coherent trading plan. If you had, you would have decision rules for getting out of losing trades. I think you would benefit from my seminar in that case, because what I am teaching is a trading plan you can adapt to your needs.

When a trade goes wrong, it will hit a stop loss level. This stop loss level should have been set before you did the trade, because all money management methods require you to know and limit the risk. The risk is where your stop loss level is.

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