OK I said I would post the GTE new paper swing trade.
Remember the target numbers. 1/4 of total play at open 1/4 (+ or - 5%) from open; 1/4 (+ or - 10%) from second; and 1/4 (+ or - 5%) from third. Sell profit at 25%. sell loss 12.5%
Start today $1.00 1/4 bought : sell at $1.25 or $.88 (goals +25%/-12.5%) Next entry +/-5% from $1.00 at $1.05 or $.95 (goals +25%/-12.5%) second entry sell at $1.31 or $.92 : 1/4 bought @ $1.05
So far 2 positions open $1.00 & $1.05 1st sell $1.25 or .88 2nd sell $1.31 or .92
Third entry +/- 10% from $1.05 at $1.16 or .94; buy order placed at $1.16 ! not closed yet. Forth entry +/- 5% from third.
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.