Booking profit and letting profit run - Market Roundup 1st Dec 2019
Channel: Trading Profitably
Date: 01/12/2019

Booking profit and letting profit run - Market Roundup 1st Dec 2019.

The market showed some signs of caution, though it was never bearish and then went up further. During such movement, you could book partial profit in long positions as they hit the initial profit target and let profit run on the remaining holding. I review two stocks; both shared in my traders' forum using live analysis; to illustrate this approach.

If you think there is a chance the market will pullback, you may start to look for trades that will benefit from such a pullback. I review two such trade ideas - again, both of them I had shared on my traders' forum/twitter page. One was on a gold mining stock, and another was on a bear 3x ETF.

Whatever be the market condition, you can almost always find low-risk, high-probability trades in where the market, industry, fundamental, and technical forces are aligned. I call such trades 360° trades.

You may visit my forum (https://www.SagarNandi.com) for regular and live 360° trade ideas.  And follow me on Tweeter (https://twitter.com/SagarNandi) to read insights about the market, sector-industry, and stocks based on real-time analysis, not looking-back analysis.