ShepWave Pre-Market/ Intra Day Update for Wednesday.
by ShepWave.com
Posted: 6/8/2011 02:23 EST
ShepWave subscribers who have taken our trade signals should be 'realizing' some good profits. The key to trading is to follow the technicals. Sometimes, we take profits off of the table and other times we let the positions run.
Last week's "Technicals" are a viable reason to let profits run. However, the key to prosperous day and swing trading is "knowing" when to take profits off the table. Note that out of the five swing positioins ShepWave has entered since April 29, 2011, we only have one swing trade positioin open. This type of trading keeps us profitable by locking in profits, yet keeps the option open to maximize on profits if indeed the big move (of 10% or more) materializes.
Log In at www.shepwave.com for Wednesday's Pre-Market / Inttra Day ShepWave Update.
The $60 Three Month Subscription special has ended.
The $99 Six Month Subscriptiion special will be ending very soon.
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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