Swing trading Mr.Market's latest Top Five Picks

[spikefader]

Example of 50% retrace giving 15% profit for CWTR.

[RL]

Top Five

Looks Like My Dart Picked The Winner Of Mr Narkets Last Top Five

[spikefader]

Congratulations
Now nail the perfect entry for us!

[RL]

I,ll get to work on It tomorrow going to dinner right now

[RL]

entry point

don't have a clue.

[spikefader]

don't have a clue.

LOL
OK, this is the perfect entry here at the blue arrow! Now we just gotta be patient and wait for it.

[RL]

Entry point

I did enter this stock at 25.25 and sold at 27.25 did not understand what you where looking for.Duh

[spikefader]

RE: http://www.mrmarketishuge.com/forum/...6&postcount=10
Out of trade for 14.6% profit from the 50% retrace area of 63.74.

[spikefader]

MCRI: missed this one.

[spikefader]

MPX 50% retrace today!

Well folks, one of Mr.Market's Top Five (MPX) has us long today. Taking it right here at 25.90 and looking for 15%.

[Runner]

I’m looking to see if it bounces off 24.40-24.89

[Runner]

How about an entry @ 24.60 entry with stop @ 24.50?

[spikefader]

How about an entry @ 24.60 entry with stop @ 24.50?

With these 50% entries, I have no stop designed into the system, although if the 100% retrace area doesn't hold, one would be justified to take the loss and get out.

From the backtesting, it pays to give them some wiggle room. And naturally, ensure to diversify with the no stop loss rule!! Diversification is key. Don't put all eggs in one basket with Mr.Market's picks!

[Runner]

well that did not work

[spikefader]

MPX:
Headed for next 50%?