This trade was NOT a big winner, but it shows how a consistent, disciplined approach can allow us to exit a trade profitably when others who took the same entry may still be holding with a loss of over 5%. We have our share of big winners, but we also know how to lock […]
In last nights video, we discussed stop placement and used IDTI as an example of how we might handle a lower open. I had no idea that the stock would, in fact, open lower (and below our stop) but I am glad it did because it gives us a great opportunity for review.
In the […]
Two guiding principles of Alphatrends are to ask these questions before we enter any new trade
– Where has the stock come from?
– Where does the stock have the potential to go?
Everyday these questions (along with other helpful reminders) are on our swing sheet with the trading ideas. They are there to make sure we […]
On Thursday we had shares of Western Digital $WDC on our swing trade idea list. The daily sheet showed that we wanted to “buy above 5804 w stop of 5639, raise the stop quickly once the stock is above 5850.” The trade was explained in much more detail (as always) in the video.
How many times do I say that it is the most important job? We are in a bear market, here are two disturbing emails I received this weekend.Well…I screwed up big time and I’m hoping you can give me some hope. Yesterday (Friday), I bought $100K worth of shares of CBG at $5.63 and […]
SEVEN WAYS TO SAY GOODBYE TO A TRADE […]