I use tight stops, which I adjust daily. I let winners run, but take half off when my goals hit. I only trade from my watch list and if technicals are right. I try to avoid buying when overbought or outside channel.
I've learned the hard way...
Trading equities and options on the basis of finding fundamentally undervalued/overvalued companies that have a technical setup and using options to capitalize on the short term swing trades. Vertical spreads, Iron Condors and Diagonals
John McLaughlin, StockCoach -
Day Trader (Day Trading Stocks) - Consultant / COACH *
Helping Investor, Swing Trader, and Day Trader LOSERS become Wealth building WINNERS â€“ Income Potential: $300K+ a year. *
Dare to Become a Millionaire