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...
Questions? My E-mail: email@example.com 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.
Don't Follow me blindly. Wait and Watch. Every Stock will not be runner. Trade Smart and Quick. Make small gain and move on. Unique software chart set up with daily alert.
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.
Founder of stock screener with single click backtest ,
fav quote: "In God we trust; all others must bring data" W. Edwards Deming ,
linkedin profitle @ http://www.linkedin.com/profile/view?id=1383774
lose the ego/opinions! search for best fundamentals and study price/volume action for best entries.
no recommendations, just ideas and examples. do your own research and know your own time frames. A butterfly causing a tsunami