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The Goal
The goal of this website is to provide tools, trade ideas, and concepts on momentum trading.
This site is for you if:
1. You are looking for tools to reduce the amount of time needed to research and discover stocks at their proper buy points.
2. You are working full-time but still want to trade on a short to mid term basis.
3. You do not want to baby sit your browser all day; frantically refreshing it to catch the next trade recommendation.
4. You want to learn about stock selection, entries, exits, and money management.
This site is for you if:
1. You are looking for tools to reduce the amount of time needed to research and discover stocks at their proper buy points.
2. You are working full-time but still want to trade on a short to mid term basis.
3. You do not want to baby sit your browser all day; frantically refreshing it to catch the next trade recommendation.
4. You want to learn about stock selection, entries, exits, and money management.
4 Response to Would you buy this stock?
I would not have touched it on February 10th because I would have thought it over extended. Wrong again.
The real question is should you buy it now. I rode it up for 21 percent of this gain. And it showed up on my screens again today. Only this time it's even higher than when I sold it around 55. It's got seven straight weeks of price increases. What do you say?
Which method are you using that is giving a buy signal at this level? Personally, I would wait for a decent pullback before entry. Catching 20% of the ride up is pretty damn good. You can't get stuck on the woulda/coulda/shoulda side of things.
Yeah I agree with you. I think once you sell a stock, you should probably just find another. Under the rules I should have held it at least eight weeks. But because the market turned, I sold. To keep track of it, I put it in the simulator to see what happens. Entered at $66.28. I think it's time for the big money to flow out but only time will tell.
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