DaytradeTeam Profitzzz

In one of my previous tips, I told you that my #1 exit rule for day trading was to exit into sharp waves. As you know, one of the things we love most about technical analysis is the fact that the principles that apply to day trading will also apply to longer-term swing trading of stocks.

In fact, our Small Cap Swing Trading System just exited an easy 5.0% winner on BEAS using that very same #1 rule of day trading exits:

Notice how we bought BEAS on a nice dip after a recent high in its uptrend. We then patiently waited as the stock struggled to make new highs during the end of the year as profit-taking took over and almost all stocks struggled. Then, almost like clockwork, BEAS exploded higher on nice volume today, and we exited into the sharp wave of buying for a nice profit.

Did we sell too soon? Maybe--but when you sell you only have two options: You either sell too soon or too late. Guess which of those I prefer ;)

I want you to get my small cap trade alerts in real-time. Try a one week trial membership to DaytradeTeam right now. I promise you'll never be an ordinary trader again.