THE BullSticks 15/20 PLAY
This is my bread and butter type of technical trade. Over the past year I have begun to use this type of trade, and it has become a very profitable trade for me. If you can handle small steady gains, this type of trade will work well to keep you in business while awaiting larger technical moves and holding some short term stocks. I normally swing these plays for 1-3 days. They are normally set up by some technical indicators or a stock coming of a bottom, a consolidation, or trading within a pattern. When you list a 15/20 play here on BullSticks, just notate it like the following: "ADPT 15/20"
15/20 Play Criteria
1. I am looking for an exit .15 to .20 cents above my entry.
2. I mainly enter with either a 1500 or 2000 share lot.
3. Stock is listed NASDAQ, NYSE, or AMEX and normally trading between $4.00 and $10.00.
4. Enter with your 1500 or 2000 lot and lock in your profit .15 to .20 cents above your entry. Too simple right? However, you must be disciplined, sell your lot, and don't look back.
5. If you like the chart and stock for a larger move, then enter with a 15/20 lot and a core trading lot.
KRZNATE@
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