Discuss rational strategies for bull markets.
I am currently holding 80% of my portfolio, most of which was bought on September 26th, and I added more on Friday, with profits ranging from 8 to 40 points each. On Tuesday, I will add another 10 points or so. It's not clear if this is a bull market, but it seems that I can ensure that this wave won't be covered up by setting an automatic stop-loss at -8 points on opening day, and selling automatically if the price falls below -8. If the price rises above -8 again after that, I'll raise the stop-loss accordingly. What do you think?
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