MHK is a great stock that I missed today. To be exact, I didn’t missed the stock, but I missed the right entry point. I actually entered the stock twice. The first time was at a fake breakout point, and the second time was at a less favorable point that I was not comfortable to stay for long. Take a look at the pattern first:

The first time I entered the trade, was right after the stock dip under $58 at $57.84. The stock first showed strong momentum to go down, …

Often times I face a dilemma when exiting a winning trade: After my position has become risk free and I have already put some money into my bank (aka. exited half of my position to make some profit), and I realized that there will be a correction period ahead of me, whether I should exit the last portion of my position when the profit is still delicious, or I should wait till the stock has gone through the correction period and go further my direction so that you can make more …