The advantage of my daily strategy is it minimizes losses, maximizes returns, and puts the profits in my pockets. The past two weeks have been a great example of this... as this portfolio is up over 30%.
GMCR - purchase on June 14 @ $76.23 sitting today @ $88.68, a 16.4% gain. I'm keeping my stop loss to $82.48.
FOSL - purchase on June 27 @ $114.11 closing today @ $116.82, a 2.4% gain. I'm placing my stop loss @ $115.28.
SINA - purchased on June 28 @ $96.34 (order set at $96.12 but it opened higher but under the 2% limit) closing the day @ $100.45, a 4.3% gain. I'm setting my stop loss @ $97.51.
June 29th, I chose SWKS @ $23.90 with a stop loss @ $23.65 and it did not trigger.
For June 30th, I'm choosing BPI @ $24.21 with a stop loss @ $23.96.
The Overall total return is 30.3% so far in difficult an unpredictable market conditions.
So far... 4 winners... 1 even... and 2 loser (at -1% each) for a great overall profit.
Are you getting in on any of these and enjoying the profits?
See you on tomorrow!