RTT CMG TREND
Posted by Darcy
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RTT CMG TREND February 06, 2013 11:35AM |
According to RTT CMG had broken its trend. It did......... but this morning it was pulling up big time. CMG is one of those stocks that when it moves it thrusts.
My mind said the pull back for this stock was yesterday (Feb 5, 2013)
Today I bought 5 Feb 310 contracts (one strike price out of the money) for $ 5.60 @ 9:48 AM and sold @10:59 for $12.50 for a 123% profit.
What has helped me is buying in the month I am in...but as Gary said ask yourself if the trade is worth the risk. There will come a point when you know that you know that you know. It took me 8 years to get here. It took nights being up till 3 or 4 and getting up at 7. It took many MD burgers for dinner while I studied, read and re-read every single book on Gary's list from 1-5. It took not loading myself down with too many technicals but getting the right mind set. So I encourage each and every one of you to keep working at it and you will succeed!
My mind said the pull back for this stock was yesterday (Feb 5, 2013)
Today I bought 5 Feb 310 contracts (one strike price out of the money) for $ 5.60 @ 9:48 AM and sold @10:59 for $12.50 for a 123% profit.
What has helped me is buying in the month I am in...but as Gary said ask yourself if the trade is worth the risk. There will come a point when you know that you know that you know. It took me 8 years to get here. It took nights being up till 3 or 4 and getting up at 7. It took many MD burgers for dinner while I studied, read and re-read every single book on Gary's list from 1-5. It took not loading myself down with too many technicals but getting the right mind set. So I encourage each and every one of you to keep working at it and you will succeed!
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