|Please note: I mean't top say 20% short position and not 25%!|
Under the open positions section, there are five stocks. If you look back at last nights watches you will see that I recommended putting about 20% of your portfolio into each position. So in theory, if I follow my own recommendations to the "T" then I would be 100% long as of today's close and therefore have no space for potential new positions such as those under tonight's long and short watches for tomorrow (assuming I have a cash account)! This is where swing trading gets tricky. For instance, if you see $REDF near triggering, you have to decide whether you will prefer holding onto an iffy position such as $SIMO or selling it in order to short $REDF. This is what can and often makes portfolio management very tricky indeed and is really up to a trader's own judgement. If you have any thoughts on this please leave a comment below!
Good luck and good trading!