#TradingStrategy: Focus on your favorite stocks

Updated December 11, 2013 ● 588 views

One trading strategy I want to share for beginner traders out there is to trade your favorite stocks. Find few stocks and get to know your stock like a friend. Knowing your stocks will help you know when it's time to be bullish or bearish.

My favorite stocks to trade are FB, TSLA, and AAPL. MSFT and YHOO are recent additions. I've made huge gains trading both long and short side.

FB and TSLA are both momentum stocks. From what I noticed, you can easily plot Fibonacci retracements from momentum stocks.

Goodluck on your trading!


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