Category: let it ride

  • Managing the Trade: Partial Profits in BEXP

    In my last posts I talked about trade management. Today’s trade is an example of how I manage a swing trade in a momentum stock. I took a 500 share position in BEXP on Monday at $15.50. My intitial target was set at $17.50. I exited half my position at…

  • Trade: NILE

    I sold 200 shares of NILE at $60.50 for a $410 gain (+3.5%). I am still holding the remaining 200 shares from yesterday’s trade, and have moved my stop to the entry point ($58.45). This locks in my current $410 gain, while “letting the rest ride”.