The Higher The Market The Shorter The Trading Term
I think it is important to know that as the market goes higher, the risk is getting higher too. And so we should trade stocks in a shorter term bases (Short term means between the month latest not more than two months). Cup-with-Handle Trade seems to be the way to go.
The cut loss point is short for Cup-with-Handle. Any change in market condition, we are out. The losses are kept in minimum.