Give Your Stocks and Positions a Chance

Submitted by My Ambitions as a Trader and Investor

Earlier this morning, I was a bit frustrated at the fact that many of my new buys and portfolio add ons began to falter from their buy-in prices. Still despite this bout of frustration, I decided to let them be. One thing that I learned over the years is that the last hour to half hour of the market is what really counts. This is the final hour of reckoning that reveals a stocks true strength and position in the overall market. With this thought in mind, I decided to give new stocks a chance and see how they perform in the final half hour before the close. Just as the market picked up more steam, my stocks did as well. In the end, all of them closed up from where I bought them except for SBEI. VMI turned out to be a top winner, as did EXPO (I may buy some tomorrow). Since this trading week is just about done, I have to begin looking for more earnings plays for next week.

My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer


Visit 1800blogger to see all of our industry leading blogs