InvestorsHub Logo
Followers 3422
Posts 32269
Boards Moderated 1
Alias Born 07/08/2006

Re: None

Friday, 10/24/2014 10:10:20 AM

Friday, October 24, 2014 10:10:20 AM

Post# of 97237
OT:..Folks..this market is a challenge here! Last 5 trades in the New Economy Portfolio -15%, -20%, +12%, +13%, -3%. Winning trades are difficult and have been challenging as of late. The key is to cut losses quickly and gradually build a position in any stock as opposed to loading up on one trade. Also...don't fight negative trends even if you like the stock. You can always get back in later. The two I lost 15% and 20% on, I just held on and did not exit when the trend was very negative and all signs pointed to lack of upside in short-term. Make sound trades whether positive or negative!

Sheff's Station...All Aboard...Sign Up Here!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.