Investors Can Sell Stocks Before A 7% Or 8% Loss

Investor's Business Daily - Investing RSS http://ift.tt/1rz7oB9 Leading stocks that break out of bases are the primary targets of CAN SLIM investors. Yet while some breakout stocks go on to big gains, others may fizzle. That's why investors should always cut losses at 7% or 8%, without question. But sometimes they should be cut even earlier. This is especially the case when there's poor action immediately after a breakout. "The average of all your losses should be less, perhaps 5% or 6%, if you're strictly