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Batter Up
When you invest , swing trade, and or day trade, where do you take your profits? Do you “Wait watch and see?” Or do you set profit targets and stop loss areas?
One of the hardest things for traders / investors is “Consistency” Without it we can hit some home runs, a grand slam once in a while, but a whole lot of strike outs. Baseball games are won with base hits and RBI’s. ( Runs Batted In ) rarely with grand slams
When day trading or swing investing during choppy market conditions like today I set profit targets for 30-35%…. Getting greedy on a day with whipsaw like we had today can get you tagged out going to base for sure.
We may not always get the pitch we want, but we still have to take our best swing
Invest wisely, live charitably and be well
Brother Bill
DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud…Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing / financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations to buy, sell or hold any stock, future, options or bonds or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first.