Stop losses ...ASX

[wbosher]

Warren Buffett and Peter Lynch are in a completely different ballpark to most of us. Besides, I'm a trader, not an investor. Completely different tactics from what I understand from far more experienced traders than me.

If you see shares as part-ownership in a business then history tells us to buy shares in good companies when they're cheap. The stop-loss strategy encourages investors to sell when shares are cheap.

I'm not interested in owning a part of a company, I just want to ride a trend until it looks like it's weakening, and get out (hopefully with a profit), then move on to another.