My decision to go 100% long CHOP this morning is working out so far. As long as CHOP keeps working nicely, I will continue to hold on to it. But I have no allegiance when it comes to stocks. As soon as it starts acting badly I will be out!
Look how much CAGC went down by over the last two days after a huge run up....this shows how important it is to cut losses/take profits as soon as stocks start misbehaving.
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
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My experimental short position in GT has been closed out by my stop loss order for a loss of about $115.00 including commissions. However, I...
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I am of the belief that the markets will move higher over the course of the next 4-6 weeks. However, beyond that I am not very confident in ...
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I have narrowed down the stocks I want to own to two stocks: DECK and CMG. Need less to say, they both meet all the CANSLIM requirements. In...
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