The Long And Short Of It
Announcing a new series, "The Long And Short Of It"
Several times a week, I will alert what I perceive to be good long and short plays. Usually, they'll just be developing.
This succeeds the ER series- Earnings Plays, which are not being chased while the market remains at all time highs.
Hopefully all will prosper and enjoy these, mostly swing trades, though they could be scalps or even long term investments if you deem so.
Likely the duration of the play will be overnight to three days but could be shorter or go longer.
Generally I won't post my exits so as not to be a spoilsport to those still in the play and to save time.
With proper attribution, feel free to pass along the plays where appropriate.
As the idiom suggests, "long and short of it" will be bare bones- to the point!
A very few "safety" tips:
*Bet less than you'd like to is a good maxim.
*Feathering into a position is safer than betting the whole allocation at once. I give myself three stabs at it.
*If your loss is more than 5%, think about getting the hell out of the play. There is always another play coming 'round the corner.
*And of course, always take full responsibility for pressing the keypads- you are buying and selling, not me. Here's what I say in the header of my mothballed ihub board, Big Board Trading:
You alone are responsible for the stocks you buy or sell. Stock trading is very dangerous. You could lose all your money- many have! Simulate (pretend) trading for a few years first- it's still fun and you'll be mighty glad you did.
A sufficient level of competency is assumed for my plays. If you are inexperienced, lay back and paper (simulate/pretend) trade 'til you understand what is involved and can act knowingly.
Good Trading, all. Let's make money and have fun doing it!
MG
There have been two announced trades thus far: ICUI, I'm 75% out with a +4.44% gain- three day hold, SALE, still in, presently up 2.21%
