Our last trade worked out perfectly. You can see from the most current chart of CORN that the price is quickly approaching our price target. I’m not a greedy trader which is why I think now is a good time to take our profits. Why try to squeeze out a few more pennies when we are already up over 4% in just one week. Sell the positon and let’s get back to trading.
This week I’ve listed a number of trade candidates, most of which are short sales. It’s rare that I put out more than two candidates in one report but there are so many good stocks to short right now that it’s hard to choose just one. I’ll leave that one up to you. Just pick the one that fits best for your trading account and I will report on the results next week.
Remember…We can’t lose money taking profits.