MOJO Swing Trades - GNVC Profit Time & Good Example

Published: Mon, 10/07/13

Image

Monday October 7, 2013

Hello MOJO Swing Trader,

The new picks and watch list are doing great - nice addition to the arsenal on the Google Docs page.

GNVC  = the stock made a run after the pick right up to $1.98 ( in a one hour run) and has reversed - okay to take profits above $1.90 from the $1.78 pick this morning. Current Price $1.88 (Perfect example of do not wait for me to take some profits - Always sell half into the rally and maximize the rest. When I mean maximize - if the stock set's a new high and you sell half into the rally at $1.95 and then it sets a high of $1.98 and reverses - do not let the second half go under what you sold the first piece at which was $1.95 - worst case you get $1.93 and or $1.92 

That's how to maximize. Currently $1.88

Video Update coming this afternoon before the close...stay tuned...


P.S. The Model Swing Portfolio will now have a running Watch List of stocks that are hot for the week. So be sure to check that out on a daily basis as it will be changing.

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
Skype: protradermike
website: http://www.mojodaytrading.com

DISCLAIMER:   MOJO Day Trading, or any of its employees, contractors, or shareholders or affiliates are NOT an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on the Company's website are for educational purposes only. Such picks, alerts, set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. 

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks. 

Copyright (c) MOJO Day Trading, LLC. 2012-2013 All Rights Reserved. No part of this website or any of its contents may be reproduced, copied, modified or adapted, without the prior written consent of the author, unless otherwise indicated for stand-alone materials.