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Why I Use a Three Percent Stop Loss

Why I Use a Three Percent Stop Loss

  In my blog last week, I was stressing the importance of placing limit orders when buying your stocks, but this week I also want to stress the importance of using stop losses.  Unlike day traders, most of us are not sitting in front of a computer all day...
The Importance of Limit Orders

The Importance of Limit Orders

This past week a very interesting anomaly happened that served as an excellent reminder to always use limits when placing market orders.  Let’s say you want to buy a stock at $50 because you think it is undervalued.  If you place a market order, your order will get...
Why I Am Short Term Bearish on the Dow

Why I Am Short Term Bearish on the Dow

I am a swing trader, not a day trader.  What’s the difference?  A day trader by true definition does not own a position at the beginning nor at the end of the day.  A true day trader buys and sells his stock intra-day.  A swing trader has a slightly longer time...
A Mother’s Day Wish

A Mother’s Day Wish

IAs I write my weekly blog, it is Mother’s Day today.  My mother and I have a strained relationship at times.  We are two completely different people.  My mother does not get me.  She does not understand my love for sports, my thoughts on religion, nor what I saw in...
The Protestors Are Right and I Have No Sympathy For Them

The Protestors Are Right and I Have No Sympathy For Them

I The last few weeks have seen a number of huge protests across America.  People are upset with Donald Trump and his MAGA followers regarding mass arrests of thousands and deportations to an El Salvadoran prison without due process.  They are upset with Trump’s...
When It Comes to Making Money, I Like Boring

When It Comes to Making Money, I Like Boring

In a previous blog I had written about the importance of goals and using the SMART concept.  It is an acronym for Specific, Measurable, Attainable, Realistic and Timely.  My goal meets all those criteria, and it is right in the name of my website, twopercentgoal.com. ...