Bought OXY 65.55 STOP 57 INITIAL TARGET 87 Similar to BG, above, low volume pullback with market on strong chart strong sector
Bought ALB @ 242.57 STOP 220 (20 DAY EMA) INITIAL TARGET 291 Holding strong uptrend , strong sector, close to breakout.
Sold ALB 50 at 240.74, forgot about my rule, dont buy stocks in a bear market. Period. Plus, relooking at the chart, too volatile for me. I have to get my patience under control.
Where are you getting your ideas? Do you have some type of screener or something that brings stocks that meet your criteria to the top? Do you have a criteria? (I don't need to know what it is) I ask because your picks just seem to be random. Almost like you hear about a stock then try a figure out a criteria that it will fit.
Are you a rules based trader? What would You say belongs in a solid trading plan? https://www.elitetrader.com/et/thre...solid-trading-plan.340340/page-4#post-5031706