Swing-Trading Watch List: SPWR, PXD, NBL, FMER, HLX

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I booked gains in CLR Tuesday at $116.88 for a 4% gain. I probably could have been more patient with it into the close, but at the end of the day, I make it a habit not to worry about leaving a percentage or two on the table. I judge whether I should continue to hold a stock or not based on risk.

If the risk is beyond my level of tolerance, I will get out of the trade and CLR clearly became that for me today.

Remember, trading has little to do with being a good stock picker and everything to do with managing risk – even at the expense of not always squeezing every cent out of a trade. 

So if you want to learn to trade stocks in a manner that will allow for your to be consistently profitable, then sign up for the SharePlanner Splash Zone’s Free 7-Day Trial by clicking here

Here’s Wednesday’s trade setups: 

Long SunPower (SPWR)

spwr

Long Pioneer Natural Resources (PXD)

pxd

Long Noble Energy (NBL)

nbl

Short FirstMerit (FMER)

fmer

Short Helix Energy Solutions (HLX)

hlx

 

 


Article printed from InvestorPlace Media, https://investorplace.com/2014/02/swing-trading-spwr-pxd-nbl-fmer-hlx/.

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