Trending Stocks
By Trader4ever - Posted on July 20th, 2008
Tagged:
Hi colleagues,my strategy on the market is to buy trending stocks. Every day I screen the market, find stocks that match my criteria best and buy them. Using marketinout.com tool I found the following stocks are in trend: AXYS, BMI, CEL, CHP, ISYS, SLH, TCNDo you think it's reasonable to buy them now? What do you think about my strategy?
BTW, I've bought some of these stocks a week ago, now I have +12% (+$2,400) in my portfolio !!!I hope they will continue hit their highs! :)
Hi all,... I always use stops and advice everyone to use, as a must. BTW, some of these stocks were already closed at their stops, though in plus. Others continue rising, I don't say now how much I've earned ;)I avoid target profits actually, stop loss - always, target profit - never, just let profit to rise. Usually I trade only trending stocks, just to be safe, I'm not so professional yet to trade in other situations ;)