Tag archive for ‘risk reward’
Lemonade
Did you get caught in the Lemonade trade? Got squeezed a little did you?
Easy to do if you get your signals crossed or your timing wrong. Unless, of course, you are a professional and take small stop losses.
The morning gap play faked out a lot of traders who thought that we would fill it. It [...]
Travellin’ Day
Despite the late day heroics of the customary end of month markups, the market largely traveled within a range all day,
It was an inside day, and bi-directional traders had a field day within the great travel range. If you know what you are looking for, the opportunities were abundant.
Many of our categories are set up [...]
What, me worry?
Alfred E Neuman never got worried, or Mad.
As a trader, we cannot afford either of those luxuries either.
Bounces , head fakes, and volatility are a trader’s best friend. They provide opportunity for the sophisticated investor who understands timing, price levels, stop runs, risk/reward and rhythm.
Education in this business is quite expensive, one way or the [...]
Grinder day
The market opened near today’s low, chopped around, then made a steady climb to fill the 73+ gap. After a soft pullback on profit taking, the market continued to grind higher until the last half hour when traders took their profits.
The secret code traders were well rewarded today by staying true to their belief in the magic [...]
Stop stretching
Â
Limbering up with some exercise is wonderful for traders, especially if you sit in a chair all day.
Getting up, stretching, getting some fresh air into our lungs, and mentally recharging ourselves is healthy for us.
Having our stops in the market stretched, however, is annoying at a mimimum, and downright frustrating no matter how many times we rationalize the [...]
Entries (RSS)