Replies to post #340 on Kings & Queens of Wall Street

[Ecostate]

Thing is Steve , when some of these stocks start their move in positive ascension they are short lived unless certain issues come into order i.e.- impending positive news, volume , company status and of course charting indicators are all indicative of 100% gains within their ascent , or called an elliot wave. But its a matter of holding onto these little gems in these cases.
Otherwise, day traders and market makers that watch and control the intraday daily charts when the short lived spikes transpire have the upper hand. Thats why with these shorter runs , i try and have a percentage target to get out because trading 10 times on 10% gains is a 100% gain.15% is 150% and so on. I could go on and on.
I am always learning and gaining more knowledge. But when a stock of mine moves i watch every tick on level two till i sell. Stocks almost always retrace to where i sold them.

best wishes...........................

all my opinion.