MOJO Swing Trades 10/7 - VRNG & HZNP PROFIT TIME

Published: Tue, 10/08/13

Tuesday October 8, 2013

Hello MOJO Swing Trader,

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

VRNG = told ya the stock has a history of getting "whacked" right back down - so let's MAXIMIZE

Putting in an order this morning to sell at the open they laughed and whacked it back down. Now, it is starting to creep back up - anything over 5% gain let's grab it as the profits are materializing but fading fast. Seems like everyone wants to take profits and let these puppies run run.

Now the stock is back to highs of the day at $2.92 X $2.93 - selling half into this run we hold the other half and keep it above $3.00 if it can get there and stay like a good doggie does.

HZNP = stock hit a high today of $4.00 - should have sold half into the rally (MOJO Rules) and we maximize the other half. What maximizing means is you sell half (like we did into the rally at $3.95 $3.96 $3.97 $3.98 $3.99 $4.00) then the other half you sell no lower then the first sell at $3.95 and YOU CANNOT LOSE.

These stocks are moving so fast up and down you must monitor your portfolio a few times a day. Especially when you buy these little small caps and one goes from $3.75 to $4.00 in 2 days time. Stay Quick & Nimble with average hold times of (1) day to (1) week max.

The markets are changing and a good trader must adapt and is always evolving.

Alot of things happening today so a video update after lunch will be made.

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.