Monday, December 05, 2022 2:29:52 PM
Lobby looks good.... if you make it to the second floor and sell you have doubled your money
I prefer to get on the elevator when:
- volume is present along with buying
- little or no toxic financing
- 6th floor or higher - too many 1 tick flippers on the first few floors
don't be greedy! Don't go for the penthouse! Catch it while it's moving and ring the register (sell) when it shows the slightest sign of slowing. I use a 15% trailing stop order
approx 250 trading days in a year, if you earned just 5% on 1 trade a day you would be fat EOY.
jmho
beware of the pump it will leave you in the dump
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