Trades: Week of 11/16

This past week I sold shares in Nordstrom (JWN), Baba (Alibaba), and Kimberly-Clark Corporation (KMR).

These trades upped my monthly profit percentage to 11% on realized gains. I bought at support and sold before the stock reached full resistance.

This is a skill that I practiced for months while trading the ES mini futures market. However, some people lack this skill due to a desire to fulfill greater profit.

My most recent strategy is to hold stocks that move from resistance until they no longer display a 1-2%/day growth rate. This often means that I sell just before a profit target, but it also means I do not suffer on a reversal.

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