Slow day with low volume – Performance for Friday, 8/14/15

It was a typical summer trading week – low volume with choppy price action everywhere. It’s best to stay out with this type of market action if you can. We had only 3 stock picks today:

  • 1 Win: AMAT
  • 1 Break Even: CLDX
  • 1 Loss: RAX

Below are charts for each stock pick alert:

Stock Pick: AMAT Type: Short Price: $16.55

amat stock pick 81415

 

Stock Pick: CLDX Type: Short Price: $16.35

cldx stock pick 81415

 

Stock Pick: RAX Type: Short Price: $29.17

rax stock pick 81415

2 Comments

  1. Ricardo August 16, 2015 at 7:38 am - Reply

    I have read some performances of your trades and some trades was break even, which technique you used to achieve the break even? by example you move the stop loss from time to time?

    • eStockPicks August 18, 2015 at 7:42 am - Reply

      We determine a trade in the break even category when it moves around the entry price for some time. Most of our break even trades have some profit in them when scalping method is used.
      These are momentum stock picks – if the trade doesn’t move in your favor after entry, it’s best to get out at break even rather than the full loss.

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