Note: Fellow Traders, the stocks profiled are merely kept on the watch-list for possible trades. I generally trade only 1 or 2 stocks at a time and build positions at a maximum of 1/3 (day-trades) and 1/4 (swing trades and shorts) of trading capital on each, the remaining is cash for possible adds in positive technical moves (I never average down, only up). The mental stop sale is set at a most recent low in chart for longs and most recent high in chart for shorts with position size adjusted based on risk for no more of .01% to .02% of account. I look for 2-1 or 3-1 risk/reward ratios and will hit plus 5-1 home runs once or twice a month. I could stop out flat or before hitting stop if I sense weakness. They say only 1 out of 10 daytraders are profitable, to me that's pure BS. Anyone with the heart and soul dedicated to master trading can make it in this business.
Buena Suerte Amigos!
Follow me @leopoldtrader73. Join small cap trader chat http://tlk.io/propshop73
Remember guys; Plan your trade and Trade your Plan! Establish an R&D Process, create daily trading routine and follow your rules, do not stray from them. Use Solid Money Management (cut your losses fast). Finally, trade your plan like a robot, do not rationalize, if you do, you're probably in trouble and in the wrong side of the trade.
Check out Facebook page https://www.facebook.com/groups/668386796547534/
For Prop Trading opportunity go to
Stocks with ideas to watch: $APRI $DSKX $TCPI $SGNL $AST
Thanks for visiting site folks!
To receive my trading ideas just subscribe by e-mail on the top right section of the blog
and let's share information to be better traders. Happy Trading to All!
Disclaimer: The above are merely my own opinions as a trader and are in no way recommendations to buy or sell any of the stocks mentioned. Trading stocks carries a lot of risk. Trade at your own risk. I publish all my trades in StockTwits and Twitter just for the sake of sharing, @leopoldtrader73.