MOJO Swing 10/21 See it's true the "Great Paradox" - Do You Feel Good?

Published: Mon, 10/21/13

Image

Monday October 21, 2013

Good Morning MOJO Trader, 

William O'neil says it in his book - that investors have this paradox where they have the mentality to buy low and sell high. Well it just doesn't  work that way CANSLIM style. These stocks continually set new high after new high. We just keep on buying them as they rise and then selling parts for profit - Do you feel good?

Just look at MOBI now = $5.80 and still climbing - Sold half at $5.70 - trail stop second half $5.60 range

Look at AXAS at $3.17 and still climbing.

Look at Hill at $2.96 - touched $3.00 - like a rock here

Look at ADAT at $1.14 - MOJO cost under $1.00 - shakka lakka


MOBI = pickewd up just 1,000 shares - the stock os flying high. Got in under $5.40 - it's not $5.70 - that is over a 5% gain in less than hour. MOJO is good with that - let's sell 500 shares and hold 500 shares with a trail stop of $5.40

It's like we have a quick profit system now and it comes as a bonus by being a MOJO Swing Trader

P.S.S.S - Keep an eye on MOBI - at $5.30 - $5.40 - now it's ripping!! Pick up a small 1,000 shares :)

AXAS at high of the day $3.17 - and going higher
MOBI Level 2
MOBI at high of the day $5.80 - and going higher
MOBI level 2

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 newsletter, 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.