Years ago Don published a saying he used as a means for determining when to sell. I wanted to pass this along but couldn't find it in all of my recorded Worden Notes and wonder if one of you might remember where it is located. It went something like:

"if  your stock is down x% and you still have y% profit... do this" and went on for three or four different conditions.

If anyone knows this it would be greatly appreciated.

/* Phil */

Are you talking about the Take Your Profits?... or Let em' Run! RSMA Exit Strategy Monograph by Don Worden? If so, the Setting up RSMA Exit Strategy indicators topic has a video on how to set up RSMA.

I have attached a copy of the monograph to this post. There is also a link to the monograph beneath the video.

Attachments:
RSMA.pdf - 394 KB, downloaded 1,226 time(s).