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Managing the Trade: Partial Profits in BEXP

 Jun 19, 2008 02:25 AM UTC
Return Risk
-9.11% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
BEXP Neutral/Hold 06/19/08 -33.66% --

Graphic_arrow1 Via The Market Speculator:  

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 this price for a $500 gain. I have no moved my stop up to 15.50 and will let the remaining shares ride until my stop is hit or I get another


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