TUE 8/18: NDSN – SELLING (ALL) P/L: -$76.33 -0.76%

James F. Taulman
James F. Taulman
James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system. •

9:56 AM – Selling all of my NDSN here this morning as shares have been developing a series of lower highs and are now clearly breaking below the 10 DMA. With bearish technical action continuing to build, I’m taking this very small loss and moving on rather than waiting for possible additional deterioration.

James’ Trader’s Tip: Small Losses Are Part of the System

  • Not every BUY SIGNAL will develop into a winning trade.

  • When the technical evidence changes, there is no reason to stay committed to the original decision.

  • Taking a small loss quickly keeps capital available for the next opportunity and prevents an insignificant loss from becoming significant.

https://buyingbreakouts.com/tue-8-18-ndsn-selling-all-p-l-76-33-0-76/

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