Monday, June 18, 2007

Open Positions

5 comments:

Anonymous said...

Do you use mental stops or do you actually place stops in?

Could you also do a small post on what you do after you enter a position? Do you use trailing stops or do you sell a portion of your position? Maybe use CF, GRMN or TNH as an example.

Any information would be much appreciated!

Anonymous said...

still dont believe you bro, how in the world do you make so much everyday when 80% of the trader blog lose money on the same stocks. you are unreal but i respect you for being able to buy whatever and ride the move up.

mc said...

Anon 9:03pm,

You don't have to believe me but that doesn't really matter does it. And you are right about that...I'm making tons from my positions. And these are not day-trades...so that makes these positions all the more very very profitable.

-MC

Anonymous said...

MC - these are 2 different posts from two different people. I do the same scans you do. I am looking for help on holding positions longer.

mc said...

Anon 10:28PM,

For any trade that is already profitable, I usually sell 1/4 to cover my initial risk and let the rest run for the completion of the trend. I will post a review on one of the trades that I have.

-MC