Nasdaq Showing Hidden Signs of Weakness 5-11-20
Nothing hurts a day trader more than exiting winning trades too soon.
The knot you get in your stomach watching a profitable trade go higher and higher without you can't be described to a non-trader.
You had the big fish and you let him off the hook.
Today's lesson discusses several methods to consider BEFORE you enter a trade so you can exit at the right time.
Trading Game Plan 5-11-20
Watch: Today's Best Stock Picks
Many stocks remain in strong bullish order flow but have reached a point where profit potential has diminished for new swing trades.
We've also noticed signs that the rally in tech stocks has signs of weakness despite new highs. This analysis is a good tape reading lesson.
Practically zero stocks to consider selling short if the stock market see profit taking. Today's list of stocks to buy consists of breakout trades.
Have a great day.
Pete
