Choppy Market

This market can be very frustrating due to the choppiness.  The frustration can throw you off your game plan.  That's what happened to me today as I stopped out of NEM at $45.20.  That was planned....but, I also decided to sell my DNKN position at about $32 and lock in the $2 profit.  My plan with DNKN was to stop out at the 50 dma, which it didn't quite reach, or achieve a $35 target.  The stock turned around today and closed relatively strong, nearly $1 above my sell point. It looks like the good setup for continuation is in play. 

Maybe I made a good move, and maybe I gave up some greater profits.  That's how it goes sometimes.  Sometimes you need to block out all the noise and stick with your plan.  

At least you won't go broke taking profits.

~JP