Some Important Points
*** Some important points ***
In our posts, we often use some abbreviations.
LPP or lpp stands for "lock profit point".
If price > your cost, it's LPP; if price < cost, it's stoploss.
If price goes up, please move up your LPP accordingly.
If price goes down and your loss is 5-7%, exit no questions asked.
IP = Increase position
RP = Reduce position
NEVER allow your loss to exceed 10%, this is VERY IMPORTANT.
This portfolio is ONLY for your reference. Buy/sell at your own discretion.
Please bear in mind the 1st discipline is "protection of your principal money".
Good luck!
2 Comments:
may i suggest that you use this section to explain all abbreviations and special wordings such as "LPP", "IP", "RP", "cooking stocks"?
zorro, thanks for your suggestions.
I'll do it later. Rome was not built overnight.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home