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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Wednesday, March 30, 2005

JCDA: Try to buy on the dips only!

Or buy with a break of $3.

4 Comments:

Blogger beanie11111 said...

ok qtpie, put this in your head right now: Sell at least 1/2 in the high $3's. This is assuming JCDA will fly. But be sure you do that if we get there.

Wed Mar 30, 11:11:00 AM EST  
Blogger beanie11111 said...

qtpie,

i suggest you take profits on JCDA right now and buy back if it breaks $3. That's what most good traders do. But it is up to you..

Wed Mar 30, 11:19:00 AM EST  
Blogger beanie11111 said...

Yes there is a possibility that by selling now that if JCDA moves above $3 you will lose that .20 profit. But by selling in the high 2's, you are protecting yourself from a possible correction.

Wed Mar 30, 11:24:00 AM EST  
Blogger beanie11111 said...

good job!

you are on your way to be like those good traders...one day at a time.

JCDA seems to have a hard time breaking $3 or even $2.8's!

Wed Mar 30, 12:56:00 PM EST  

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