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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Threei who started this subject11/26/2001 4:48:41 PM
From: chris-   of 867
 
Play of the Day for Today

Today's review goes over YHOO on a failed open break play as it broke the open support for a short setup, and then only gave about 8 cents in potential (not nearly enough reward for the risk) and then broke the high for a stop loss. More importantly, this review goes over not only the setup and failure, but also the mindset that is created should we have held a failed trade as it we saw it rising another $1.75.

realitytrader.com

Hope everyone had a great Thanksgiving.

Chris
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