Trading Rules From A Penny Stock NewsLetter
Got a nice educational email from one of the newsletters I subscribed to. Lists few good rules all traders should follow (however in reality most traders end up breaking) Getting In Always use limit orders when getting into a stock- Pick an entry price and stick with it. Don’t chase stocks. There will always be [...]
Watching Too Many Stocks Does No Good
Does your chance of making winning trades increases by watching more stocks ? After years of trading I have realized that watching too many stocks actually hurts your chances of making a good trade. This is because you cannot devote enough time or research to the stocks you plan to trade. By breaking the huge [...]
Let Your Profits Run
On Friday I played J. Crew Group, Inc. (JCG) on the long side. J.Crew Group is an apparel and accessories brand that embraces a standard of style, craftsmanship, quality and customer service. JCG reported first quarter earnings of $0.48 per share, $0.01 better than the First Call consensus estimate. Revenues rose 14.6% year/year to $340.6 [...]