How are our identified stocks doing so far!!!
The idea of this section is not to "pick stocks" but rather educate on how to pick right Stocks with appropriate risk management, so that we can benefit from gains as well as cut short our losses.
Lets look at one candidate in particular...
The idea of this section is not to "pick stocks" but rather educate on how to pick right Stocks with appropriate risk management, so that we can benefit from gains as well as cut short our losses.
Lets look at one candidate in particular...
Below chart was posted in Jan of this year with exact entry and exit price points along with an analysis of why we think the odds are on our side. Did you take the bet?
After almost eight months, the same chart today looks like this with a gain of 70%. A perfect low risk entry to add to original position or initiate new position as the stock appears to be consolidating on weekly basis. The stock has a potential to rise another 76% from current level. However, if the stock cannot sustain current level then STOP LIMIT at 120 will help cut losses. So does it look like a good low risk entry to you?
You can check out the entire watch list here. Some of the stock picks have performed fabulous...
Items you should focus on:
Things to remember:
Be disciplined and manage risk appropriately...
Items you should focus on:
- Always check NOTES section for each stock along with STOP Limit - updated every week as per individual stock action
- Find out earnings date for stocks you have in your portfolio, so that you are aware of major events - this is not included in the watch list but links are provided for your own findings/research
- Understand current market direction and decide if you want to remain invested based on market scenario
Things to remember:
- No matter how great the company is and how stellar the earnings are, if market is in correction then the stock performance will be affected
- All boats rise in a rising tide, in short if market moves up then most stocks will also move up and vice-verse. If market is doing well then selectively chosen stocks have higher probability to provide good returns in short duration
- If a stock position does not work in your favor then get out, cutting losses is not easy but necessary, ONLY a disciplined investor/trader will be successful in long term
- Use trade size calculator to manage risk per position
Be disciplined and manage risk appropriately...