Tuesday, February 19, 2013

Borg Plays : SMDC






One of the Best ingredients for the perfect Borg:
A Price Breakout to a new All Time High.
And a good catalyst to push prices 

"where no price has gone before..."






Always remember when playing with Borg Stocks,

There are no TPs. Only Trailing Stops.



Related Posts:




My Rules On Trailing Stops:

Always Set/Adjust to 2 Trailing Stops.
Once the first stop is hit, consider that as a warning shot. Sell a part of your position. 
And when you see your 2nd Stop getting hit, Sell without any hesitation.
Lock-in those profits and don't look back!
(especially if that stock decides to go up later on.)
Nobody likes a bitter and bitchin' trader.



This is me when prices go near my second stop (50/100 MA)



"SEEEELLLLLLLLLLLLLLL!"





5 comments:

  1. buy near 8.36. It won't go down to 8.20.

    ReplyDelete
  2. price retrace above 9 with low volume, still a freaking bull

    ReplyDelete
  3. I think it will bounce na on 03-05-13

    ReplyDelete