Well, the market started heating up and I started jumping in with way
too many positions. After a while it became apparent that most of them
were lagging, too. Now I'm taking fewer, bigger positions and basing my
trading on this quote by mauitrader:
And remember when a stock breaks out it should immediately start making
you money. Therefore, if you buy a stock and it is not up immediately
the next day, sell half. Then see if the other half can come back.
Nothing says you have to wait till the stock hits that level. The best
stocks keep going up after breaking out. Newbies shouldn't wait. They
should bail quickly if the stock does not work.
Current holdings: FTEK, FSH, CTRN, WEBX, TCHC.
No comments:
Post a Comment