Nov 21 SOTW“HOW TO OVERCOME THE 5 MOST COMMON INVESTING MISTAKES.” was the topic of Friday’s Special Presentation. It was timely as both Canada and U.S. Markets continued their choppy ride. Despite 2.7% and 3.5% weekly gains respectively and Primary Wave Up signals, it seems best in our current, largely news-driven market conditions to set smaller initial profit targets and tighter stops to reduce volatility and risk. WHEN IS IT TIME TO SELL A STOCK? If you don’t have the answer to that question, then you need to watch the Special Presentation and join us Tuesday, November 24 at 12:30 PM ET for our weekly Q&A webcast. CLICK HERE TO REGISTER.

Trade Analysis Request Form. Do you have a stock trade that we can all learn from? You may enter a completed trade or a trade that you are currently still in. During tomorrow’s webinar (Tuesday) we will analyze the first five trades submitted, and a few more if time permits. Only your first name will be mentioned during the webinar. Click here for our Trade Analysis Submission Form  Pull out your brokerage statement, complete the Form and click on the Submit button.

TAKE CONTOL! Below are two Trade Analysis examples using Support & Resistance on graphs followed by Jamin Heller’s Trade Analysis and Risk Management Calculator. These are not trade recommendations, just examples of how planning your trades can help you manage risk and give you total control over your trades in these choppy markets. In both examples, we’re risking just .3% of our total portfolio, less than the 1% risk guideline suggested by VectorVest. CHECK THE FUTURES. Despite the PW/Up signals in both CA and US, it’s always a good idea to check the futures for follow-through before you buy. As in the examples below, use a buy on stop limit order and set your entry price slightly higher than the last close in order to ensure the stock is rising before your order is filled.

Nov 23 Milestone

Nov 23 Milestone Analysis

Nov 23 DIS graph

Nov 23 DIS Analysis

DISCLAIMER: The information contained in this Blog is for education and information purposes only. Example trades must not be considered as recommendations. You should always do your own analysis and invest based on your own risk tolerance, investment style, goals and time horizon. There are risks involved in investing and only you know your financial situation, risk tolerance, financial goals and time horizon.

Presented by Stan Heller, Consultant, VectorVest Canada