We are looking at DKNG again today; a look back at how to know when to sell some of your stock into strength to lock in profits. This technique, that we teach at MissionWinners, can save you from “round tripping” a position.
If you’ve traded/invested for any length of time at all, you know how frustrating it can be to have a position take off and then reverse back down resulting in your having to sell it at break-even, or even worse, a small loss. When Pat is selling some into strength, he sends a Sell Alert to our VIP Members. Selling into strength is a tremendous tactic.
Always – Always – Always conduct your own review before initiating any trades. Never simply take our word for it; not only do mistakes happen, but our risk tolerance may not be the same as yours. Never treat the Key List as a “buy list” or a tip service. We are first and foremost an educational service; please always do your own research and trade with care!