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1) One trade is to go in on a drop to a support level for a bounce trade then sell for a profit. 2) Another trade is to wait and follow one of those stocks when they first get hot then sell after it rises. 3) Yet another is to buy on a break out But every trade has a sell point
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What will make the difference with who wins and loses is who trades those stocks best. 1) Make sure you know what kind of trade you are making? Buy and hold is too risky with hot stocks. They have to be traded. twitter.com/MasterBJones/s…
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Tier trading. Sell 25%. The 50%. Them the last 25% when you hit profit target 3. Are you identifying levels of resistance on a daily chart in order to find where you might want to take profits?
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