Out of curiosity, how long do you usually stay with a position, and do you use stops to take you out? This is what I prefer.
I have been using a rather arbitrary 5% gain and then out. Because I don't really know the stock or the fundamentals, my strategy has been to minimize my exposure. Plus, I've had my stops run when I've used them and placed them to tight. However, with my current strategy, I have been losing out on some upward movement after my exit. For example, I went long on ISSX in mid-December at 39, got out at 41 1/2. ISSX is trading around 55 now! So I am re-evaluating stops -- I am currently long TER, LIN, NCR with stop losses in place.
FWIW, trades I am looking at for tomorrow: TMPW,RE,MRBX,CBXC. I also like CMNT on the pull-back. Critique invited! I hope the small cap rally keeps going!
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