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What trading strategy fits the use of moving stop orders?
*Jim Sinclair's MineSet, by James Sinclair, October 14, 2006
“Because mindless algorithms will kick in, use moving stops to guard your position. Let the market take you out via stops rather than deciding you have made enough. We are into black box city in our sector. Moves will be vertical both up and down with no change whatsoever in the positive fundamentals for gold and silver and negative fundamentals for the US dollar.”
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.