Filters (0 applied)

I took Tim's advice about locking in gains and not being greedy. This was a nice little gain, but there was still more to earn. The stock price jetted up to $5, but today, it bottomed out at around $3. You just have to watch what's going on in the market as well as the stock movement itself. I still believe that this stock will continue to climb. I'm looking to see how far down it will go before I load up on it again. I really believe this is on the way up.

A small position that could have netted big gains had I continued to hold. At one point, I had 5650 shares. Now, it's a battle to get those shares back at a good price before FNMA goes back through the roof. With the conservatorship still in place and the housing market on the upswing, I believe this is a stock to watch. I'll be gobbling these shares up anticipating decent gains over the course of this year.

This small gain is a result of patience and a consistent trading pattern. I try not to trade at times where I was consistently taking losses. I try to trade consistently when I normally make gains. I have a set goal for the week and when I meet it, the rest of my week is dedicated to research and finding the right next trade.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.