I must have missed your email. Curious since it was a trade idea
and the stock opened at 1.12 with a target of 1.50 based on the
chart, how did you decide to get out majority of the position? I
want to make sure I do the same in the future. Do you notify when
to take profits or any rules?
manpat - there was no e-mail. I posted at 10:08 that I
sold most of my shares. This was a stock that I started
buying into a few days ago when it was FIRST mentioned here in the
blog as did others. It just so happened to break out today.
You should decide how to trade the setups in accordance with
YOUR objectives and risk tolerance , not others. As I've
stated many times, I normally sell at least some shares when a
stock makes a large percentage move. You can use the "Search"
function on the blog and type in 'XPRT" in the keyword blank to see
prior posts on this stock.
I must have missed your
XPRT
Posted by manpat on 9th of Dec 2010 at 12:27 pm
I must have missed your email. Curious since it was a trade idea and the stock opened at 1.12 with a target of 1.50 based on the chart, how did you decide to get out majority of the position? I want to make sure I do the same in the future. Do you notify when to take profits or any rules?
manpat - there was no
Posted by steve on 9th of Dec 2010 at 12:33 pm
manpat - there was no e-mail. I posted at 10:08 that I sold most of my shares. This was a stock that I started buying into a few days ago when it was FIRST mentioned here in the blog as did others. It just so happened to break out today. You should decide how to trade the setups in accordance with YOUR objectives and risk tolerance , not others. As I've stated many times, I normally sell at least some shares when a stock makes a large percentage move. You can use the "Search" function on the blog and type in 'XPRT" in the keyword blank to see prior posts on this stock.
Thanks, makes sense since you
Posted by manpat on 9th of Dec 2010 at 12:39 pm
Thanks, makes sense since you were in earlier on the stock.
Your recommendations makes sense. will keep them in mind.