Phil, I think you are confusing/combining 3 #canslim rules. Rule 1) Don’t let a “good gain” turn to a loss. IBD says a good gain is 10%, Bill in one book mentioned 18%, I use 15%. Whatever you use, that is the point stops are moved from 7% stop loss to BE+1% stop. https://twitter.com/noodle_hat/status/1301427614641459201
2) Then, Take profits 80% to 90% of the time at the 20%/25% profit goal (there is not a 15% profit goal rule). 3) Then try to find the one or two stocks out of every 10 canslim stocks you buy that appear to be True Market Leaders. These are rare, just 1 or 2 out of 10
at most, don’t think every canslim stock you buy is a TML. Don’t ask me how I know this would be a mistake. This is an overview of port management rules, there are some finer points not in here
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