Keep it Rolling
It’s no secret that the fastest way to compound your money is to keep it working for you. For that reason, when I’m in the market, I do my best to keep my trading capital at work in stocks that are on the move. I lose patience quickly in trades that stall out, because I know there’s opportunity elsewhere I ought to be capturing. So when a stock begins to lose steam, I raise my stops aggressively so that if the trade begins to flutter, I am checked out of the stock and am free to put my money to work elsewhere.
KEA worked for a little while, but once it slowed down I raised stops aggressively. When stocks slow down, there is opportunity elsewhere to capture. Today I was stopped out of KEA (Keane Inc.), but with a gain. I highlighted this stock as a swing trading candidate in my stock newsletter 2 weeks ago with a buy point of $14.50. Read more »






