Selling into strength.

Taking some short term Dow calls off the table this morning for a nice profit.

There are so many good looking breakouts from individual stocks. Remember that you can trade them all if you have good money management and proper position sizing (much easier said than done).

When stocks are rising fast, you can lose sight of your total equity and margin. DON’T

Stay with a plan and if you are using marginn – use it sparingly and not as a long-term tool. If and when markets turn, the leverage will wipe gains out faster than it helped you on the way up.

Reply

or to participate.