Examination on BLK Down 6% today Intraday High on friday, I would have entered on thursday but could not get filled. Goldman downgraded this stock today, Its things that make me wonder here, why would g downgrade it now unless to push down price Goldman downgrades because the stock that was bought on friday was not bought by players, it was bought by some mini fund or retail or something. But I wonder if I bought on thursday, Then spurted up on friday, I could have net 4% , but would I have closed out part of the position to lock in gains? Why did it gap down 3%? Even though it did gap down, my entry on thursday would still be in the money. So theres no buying pressure at all along with price movement, We should try to take profits once we see volume divergence. I usually set it and forget it but this has made me start thinking how much more profits I can cull from each trade if I took profits relgiously. That is the name of the game isn't it.
I've done some checkings on my system A good behaving stock will make around 0.8% per day 5 days 4% 10 days 8% 20 days 15% By 20th day I'll take profits Its nice, I like it, Growth still takes time in stocks, thats why we are....... swing traderrs expertise muy bueno. Will take a few more trades, a few more days till we hit our first 10%er for the month NGS looks like its going to hit it real soon, around 5-6% Moneys in the sitting.
NGS Sold 17.40 ( +.40) HALF POSITION Bad sell.. Stock is running out of gas. Should have sold around .55
You know we'll be making some good coin on JOYG this week. Mad buying pressure, like a blue balled stock waiting to bust out.
MSM 54.60 (40% SOLD) +2.34 (4.5% GAIN)- 3 days. 1.5% per day. (0.8%) average for my stocks, 0.7% price improvement bitches. Reel them in on volume, Soon we will see the next episode.