On Friday May 22 my latest trade in Alibaba Stock came to another successful end. This marks the eleventh trade done this year in Alibaba Stock. Every trade has ended successfully. The key to understanding trading Alibaba Stock is realizing that the goal is capital preservation first and profit second. No matter how small the profit might end up being, it is still a profit. Therefore I have stayed with very short time periods for selling covered calls.
The strategy for Alibaba Stock is the same as when the trade first was started in November 2014. I am using ………….. the rest of this Alibaba Stock strategy article is for USA Members.
Understanding Trading Safely In Alibaba Stock
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.