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 [...]
Why You Need To Be Patient With Your Trade
Trading takes alot of discipline. Good traders always make a set of trading rules and stick to it. They have already calculated their exit positions even before trade entry. Planned trades always work out better than no-exit strategy trades. That said, most traders always end up breaking their own trading rules. More often traders will [...]
4 Reasons To Sell Your Penny Stocks
Penny stock is a stock that trades at a relatively low price and market cap. Penny stocks are generally attractive to retail investors who want to make a quick buck. A 10 cent increase on a stock worth $1 is equivalent to 10% returns. A 10 cent increase on a stock worth $10 is equivalent [...]