The System - picks for the week

Important: this is not investment advice. Consult a licensed financial advisor before making any investment decision.

Hi, here a quick update to let you know 3 names I am adding to the Momentum portfolio.

I am adding OPRA 0.00%↑ , YALA 0.00%↑ and GENI 0.00%↑

This week I’ll focus on the 3 names that I found most interesting over this weekend.

Last week QIPT 0.00%↑ never reached the target price so the order was not filled. We move on to new stock ideas.

From now on, to avoid the same problem, I will enter a “Buy Stop Order”: in simple terms, let’s see an example for OPRA 0.00%↑ :

Tomorrow, I will create an order to buy OPRA 0.00%↑ at market price IF the price goes above 6.73 USD.

Why? Because it means that the stock is moving in the right direction and then I am happy to buy it at market prices.

Some brokers / platforms may allow limiting the maximum price you want to pay above your buy stop price (6.73 in the example).

If so, you can add an (upper) limit at 3% or so above the Buy stop price.

In doing so, basically you are telling your broker something l…