RE:RE:RE:RE:RE:RE:Some profit taking
Evenkeel123 wrote: Most of the time, if the volume is there. Obviosly, you can't trade 30K of NFG most days without getting hit, so prudence is in order, timing, etc. It can be done over a few days, and a good profit
is more important then the thought that I am going to miss a run to $ 20.00 tomorrow, because
the only way that is going to happen is with a takeover news release.
Example, only 1, TOU is quite easy to trade. The volume is usually over a million shares, so a few thousand shares move in/out easily. That is a sweetheart company for trading.
Each company is different, but if there is no liquidity, I usually don't bother. I got caught up somewhat in the story here, but forgot that I am in this to make money. I follow the story and news, but I am no longered enamored with the rah rah stuff. In one ear, out the other.
EK
I am more of finding what I believe are the right stocks and building a core position and a trading position.That way I don't have to be right on every trade or have to worry about trading on a daily basis but I agree there is no wrong time to take a profit I use to play the bank stocks exactly like you trade they had volatility and volume