|UNKNOWN||NORTH AMERICAN - LARGE & ETFs||_N/A|
Educational Segment. Using Stops. The value approach looks for a range of support and how you buy into it. Anchoring is a behaviour where you want to try to get your money back. That is the wrong way to think about it. You should think about where you should put the money in a losing stock. Get out of a position if it is not working. You should have a plan on when to get out.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com