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...
Fundamental & technical trader. This is the personal Twitter account of Becky Hiu and isn't connected in any way to a professional designation or vocation. Opinions are my own. Trade at your own discretion.
Questions? My E-mail: firstname.lastname@example.org Phone: (702) 490 5317 I have been a trader and TradeStation programer for 20 years. My stock trading systems are outside the box and I post them on the web every day along with a video.
Look at the Level 2. Don't Follow me blindly. Wait and Watch. Every Stock will not be runner. Trade Smart and Quick.
There will be only one opportunity to correct a wrong trade. Make small gain and move on.
Professor of Physics and consultant to industry. 300+ technical publications. Believer in new technologies and identifying them early on. 75% portfolio buy and hold more than 3 months to years. 25% weekly swing trades all to the long side for fun.