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[Platinum Sell Alert] (5.3.23) Sell Alert for another stock (Make sure you preserve profits)

[Platinum Sell Alert] (5.3.23) Sell Alert for another stock (Make sure you preserve profits)
August 22, 2023

PAPER TRADE ONLY Sell VTR – $47.33 

Sell limit hit at 1.5% loss limit. 

This provided a 1.5% loss or $36 for the 100-share lot. Market conditions are trending downward, and we want to limit our losses before the trade gets too far away from us. We also have a negative crossover of the Stochastic.   

There is no guarantee of success in trading, including swing trading. However, having a track record of long-running successful trades and implementing risk management strategies such as limiting losses to less than 1.5% on trades that go against you can increase the probability of success in the long term.  

 This information is for educational purposes only and is not a recommendation to buy or sell a stock.

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