The Daily Swing Trades will experience a major change that will affect the methods used to determine and calculate our Performance as well as, improvements to be expected from this service, beginning May 12, 2008.
Daily Swing Trades
Our Daily Swing Trades Performance will be calculated from one of the following: 1st Target price, 2nd Target price, Stop Loss or final trading price of the regular trading session for the day for the Daily Swing Trades if neither the 1st Target price or Stop Loss have been reached during the regular trading session during any trading day.
Updates on these Targeted prices will be made on the members’ area for the Daily Swing Trades service, as targets are reached for any stock pick selected.
In addition, our Stop Loss will be changed as well, for Performance purposes:
Our Stop Loss revision for the Daily Swing Trades service: Stock picks priced at $10 and below will have a Stop Loss of ? (one-half) point for our Performance purposes.
Stop Loss revision for the Daily Swing Trades service: Stock picks priced at $10.01 and above will have a Stop Loss of 1 (one) point for our Performance purposes.
It shall remain the decision of each individual Swing Trading Member for their entries, exits, stop losses, profits and/or losses they realize on any trades they make.
Remember, Performance is not all about the gains we could make or the profits potentially left on the table. Performance is about successfully reaching those targeted profit goals thus, developing a successful and potentially profitable swing trading strategy.
Please access the Guide to Services as well as the Premium Services for Daily Swing Trades pages for more details.
Traders may wish to consider the Training Programs for assistance developing their personal Swing Trading Strategy.