The objective is the return/risk ratio and nothing else. As long as it is higher than 3.0 and the portfolio is doing better than the S&P500, then I will continue that strategy.
In the list below, note that I added three short trades. Since the S&P500 is testing the previous high on a weaker MF and with the end of the month upon us next week, I want to have a neutral portfolio before Thanksgiving, so looking for short trades is an option.
CREE is close to a short level, but I think it has room to bounce higher in the next few days. My target is to short a bounce to the 200MA somewhere between $59 and $60. The stock had pretty wild moves and it is obviously risky to be taken on the wrong side of a trade.
The other two also need more time. Probably good to short on Tuesday or Wednesday of next week.