Merck & Co (MRK) signals a Short Entry Trade after some consolidation and finally closing outside of the 20 day price channel to the downside. Entry at $35.68 with an initial stop limit at $27.82 and a pyramid price at $24.61. July $22.50 Puts currently at $1.30 by $1.40.
Trade at your own risk with proper position sizing and risk management measures.
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Welcome to Stock Trading, My Way. This blog will highlight some of my stock and option trades.
I have learned that the stock market has many ways to take your money, if you are not careful. I strongly recommend that you get some training before you start trading stocks.
Amazon.com has many books on investing and trading stocks. I have included some links below to help you get started. There are always new trading strategies to learn, so keep reading and learning.
Please remember that the trades highlighted in this blog are my own and I do not recommend them to you.
I trade stocks and stock options. Follow my journey through Wall Street while I pick and trade my way to millions.
Followers
I have learned that the stock market has many ways to take your money, if you are not careful. I strongly recommend that you get some training before you start trading stocks.
Amazon.com has many books on investing and trading stocks. I have included some links below to help you get started. There are always new trading strategies to learn, so keep reading and learning.
Please remember that the trades highlighted in this blog are my own and I do not recommend them to you.
Recommended Reading
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2009
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April
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- Wendy's Signals Pyramid Trade
- MGM Mirage Hits Stop Limit
- Deere Signals Pyramid Trade Entry
- Alcatel Lucent Signals for a Pyramid Trade
- MGM Mirage Build Pyramid Trade Signal
- Merck Signal Short Entry Trade
- Hecla Mining Signals Long Entry
- Airlines take to the Skies
- Vimpel Comm Signals Third Pyramid Trade
- Masco Corp Signals Pyramid Trade
- Ford Motor Signals Pyramid Trade
- Vimpel Comm Pyramids Higher
- Sprint Nextel Calls for a Pyramid Trade
- Ford Motor Drives to a Pyramid Trade
- MGM Mirage Signals Pyramid Trade
- MGM Mirage Signals Long Entry
- Alcatel Lucent Signals Long Entry
- Ford Motor Signals Long Entry Trade
- Deere Runs up to a Pyramid Trade
- Caterpillar Signal Pyramid Trade
- Vimpel Comm Pyramids Higher
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April
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