Sunday, March 14, 2010

Trade review 3-12-10

We called some winners from our previous Watchers, such as:

CHGI

Nice little morning panic fade for a short opportunity!

VSTNQ

Fell under a buck for a fade short as hoped for, which played out decently.

No trades for me. A boring day was highlighted as it often is on Friday by watching the comedy on Livestock.

I spent much of the day chatting with traders about their risk management, position sizing, play management of open positions, etc. in PMs, and otherwise in the main window of chat  http://timalerts.com/chatroom/
mulling over a stock (ZQK) that I called an afternoon breakout of with flying colors. I will be doing video lesson on this shortly.

Many of the calls from last time are still in play, having not "popped" on Friday, so pay attention come Monday! The "un-popped" plays are good examples because it was obvious on most that no entry in the direction of the best set-up/probability (mostly short) was ever in the cards Friday, so nothing was gained or lost, as no entry cue was signaled for action to be taken.


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