No Time to Be Greedy

It's good to start the day green, even if it means you need to see some red -- from stocks that is. Morgan Stanley (MS) and Danaher (DHR) provided just such an occasion. This is no time to be greedy. Rarely, if ever, do I get greedy with an earnings trade. You get your target (or close to your target) and shortly after a trade you take your profits and move on. At the very least, you eliminate capital risk, which is what I've done.

DHR opened with a $57 handle, so that was an easy decision. No, the price was exactly the $57 target, but if you try to make all trading decisions based a on a price down to the penny you are going to lose dollars. This one is gone....160 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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