MOJO Day Trading is quickly becoming a name on Wall Street for stellar stock picking and trading education. ProTrader Mike will show you exactly how to become a profitable stock trader even if you're an beginning trader. The blog contains valuable information for both day and swing trading styles. Main Website = www.mojodaytrading.com
Wednesday, November 28, 2012
$KCG called this one just took a little longer than expected
Here is what going on with KCG IMO - Stock plummets - everyone stuck with huge margin calls - they can delay and stretch it a month and have to either sell it or come up with $$$$$. Usually its sold at lowest levels - The big players do this on purpose to hold it down and collect all this cheap stock then in a week or two after the month is and your stock is gone it runs right back up close to where it plummeted Your like WTF - I just lost all my money and a month later after I sold it's right back. A prime example is ES - look at the chart on this and the chart on KCG and the timelines.
KCG BUY TARGET = 2.75 to 2.85 - stop loss 2.40
KCG SELL TARGET = $5.50 to $6.00
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