Time 9:46

Trading Technique: When a stock is up over 20% here is the exit strategy:

1) Take the profits of the table at the first sell signal on the 60 min. chart which will coincide with a reversal day.

2) Sell half of the remaining position if the stock breaks below the 9 day moving average. Must wait for the last hour of trading because often the 9 day is tested intra-day and holds.

3) Sell the rest if the stock breaks below the 20 day. Again must wait for the last hour to make sure the breach is real.

This method has been designed to allow us to try and hold on to some of our biggest winners for a longer period. As we have read in the Market Wizards books and as we have been taught by Oneil holding the strongest stocks for huge % gains is the true way to significantly increasing wealth. After extensive research Oneil discovered that the biggest winners developed from positions that went up 20%+ in the first 2 weeks of their respective breakouts.

Stocks: SOL, CSIQ

Both of these stocks fit the criteria of the potential big winner category. Both were up over 20% from their breakouts in the first 2 weeks. So now we must follow our new rules no matter how painful it my be. this is a new process, so until we get use to it expect to feel some anxiety. However, if we can master this sell discipline we are one step closer to trading domination!