Monday, April 21, 2014

Congrats on Manhattan Res trade, Up 13% in 3 days

Congrats to those who have followed our post on our blog or our Facebook page.

We posted Manhattan Res last wednesday before market open, the setup was triggered as price broke previous day high. Manhattan Res now trading at 0.745, up 13% in 3 days

A good trader will do the following few things to protect his profit
1) Take profit as it hit profit target as PLAN, OR
2) Take half profit, set trialing stop to ride the profit higher OR
3) Dont take profit as it has not hit the expected target price, but move the stoploss higher to protect profit. Never turn profit into losses,

For more updates - Like us on our Facebook page