%% Repeating pattern; you should borrow a copy of his stock trading/investing books. 7 or 8% is a bout max.Paul Tudor made much much more, with a 9.99% stop, but that's with crude oil trends, 1987 SIF......, 70% drawdown when he was learning to trade.And that NOT 9.99% a trade; its per month time stop. By the way if I wanted to trade/invest GOOGL, AAPL, FB, I do like QQQ; most likely never goes bankrupt,less commissions, less hassle, better up trends, maybe a bit less gain............................................................................. Sounds like your stops are WAAAAAAAAAY to tight , 8% on 500 is about $40. $500 was a google topping area, like SUPV had one before it tanked LOL. And 7-% or 8%, is an average, Mr Ichan lost a lot more than 9.99% 0n CHK And if you try to buy FB @100 in a bull market[ most likely never happen] good way to lose a lot. I would not touch FB @ 100 in abull market unless I worked @ FB,+ then I would put more in QQQ, much more diversified bang for buck. I do some single stocks, but almost never low PE. 2015 ,GOOG, 2015, 12 month charts trended real well with an 8% stop;$450-$777; 20 dollar stop is a waste of time/money on that chart.
%% And some that did both,; good points ME . Come to find out, they were much more aggressive sellers + buyers, but they had NYSE comissions rates+ many millions. Later IBD founder, traded/invested with no volume restrictions[ meaning average daily stock volume of a few thousand LOL.] But looks like he made most of his money with much better average daily volume than that........................................................................................And even stranger ; he never switched from red white + blue barcharts=to red/green candle charts like the WSJ did-LOL
That's mostly selection bias: the people who depended on it blew their accounts repeatedly and are no longer here to discuss it ...
On a more serious note, it’s interesting how little discussion about risk/portfolio management we get here. It’s one of the few things that can be shared safely (as opposed to actual alpha) and can definitely benefit from communal discussions