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

by Ryan Mallory | February 19, 2014 11:33 am

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[1]. 

Here’s Wednesday’s trade setups: 

Long SunPower (SPWR[2])

Long Pioneer Natural Resources (PXD[3])

Long Noble Energy (NBL[4])

Short FirstMerit (FMER[5])

Short Helix Energy Solutions (HLX[6])

 

 

Source URL: https://investorplace.com/2014/02/swing-trading-spwr-pxd-nbl-fmer-hlx/

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