How to Let Profit Run: Weekly Market Roundup 16th June 2018
Channel: Trading Profitably
Date: 2018-06-17

How to Let Profit Run: Weekly Market Roundup 16th June 2018

Some of the biggest profits can come from buying a strong stock at a lower price level and then holding on to it as the stock keeps moving higher and higher. It is therefore important to try to let profit run.

At the same time, it is never certain in advance exactly which stocks will let you make such a run. 

What you need is a way to book partial profit at a pre-defined initial profit target level and then let profit run on the remaining position.

How do you know when you can try to let profit run? That is to be based on objective analysis of the stocks technical, fundamental and industry strength.

In this week's Market Roundup I discuss several recent trades that allowed you to book profit quickly on a partial position and where you could let profit run on remaining position.

Of course, I also discuss our usual top-down analysis covering the market breadth, sector-industry rotation, stock peer analysis and technical analysis.

It is another insightful video and you will find it useful if you are a serious trader or investor in the stock market. Grab a drink, some snacks and enjoy the market show.

Instruments Discussed: USO, GLD, SPY, QQQ, DIA, IWM, ZUO, DBX, ACET, PEGI, HOG, PDCO, OMI, MPC, TLRD, SCCO,  JWN, KSS, M, EA, RCL, GME, etc.


This is a demonstration of the way Superior Profit Community members trade Stock, Stock Futures, and Stock Options to generate consistent profit from Stock Market.