Knowing When To Tighten The Stop-Loss On The Market Direction Portfolio Trade

The push higher this morning in stocks following the jobs numbers may have overvalued the indexes somewhat. I will not be surprised to find that we close lower on Monday after the past several days of gains. As well, the market direction jump today is probably the last jump for a day or two so I would expect a pull-back Monday or Tuesday. We may even give back some of the early morning euphoria and close off the highs today. Stocks though can always surprise and because of that I like to adjust my stop-loss depending on the outlook for the markets.

To profit fully from trading market direction, it is important to understand when to begin tightening the stop-loss and when to keep it wide so as to avoid being taken out on small dips when the market will simply move higher again.

Market Direction Portfolio Trade Update for June 6 2014

For FullyInformed USA Members here is the latest trade alert and a review of the stop-loss being used including the next set-up for the market direction portfolio which I may be entering on Monday or Tuesday.

FullyInformed USA Members can can read the latest trade alert directly through this link or they can sign in to the full site here. Non-members can join here.

Market Direction Internal Links

Market Direction Portfolio Trades for 2014

Market Direction Portfolio Trades for 2013

Market Direction Portfolio Trades for 2012

Profiting From Understanding Market Direction (Articles Index)

How I Use Market Timing

How I Use Market Timing

Understanding Short-Term Signals

Various Market Timing Systems

Market Direction Portfolio Trades (Members)

Market Direction External Links

Market Direction

IWM ETF Russell 2000 Fund Info

Market Direction

SPY ETF 500 Fund Info