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

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To: Threei who started this subject1/22/2002 5:17:31 PM
From: chris-   of 867
 
Play of the Day for Today

realitytrader.com

Today's review goes over the open break trade on AMZN. I want to disclose that I was personally unable to participate in this trade as my broker was not offering shares at the time the trigger setup. This goes over the setup of the Trade, why we were looking to exit into the $12.25 area and then how to set a confidence level based on stock action. This trade gave potential near a 3 to 1 reward-risk ratio. I think I'll have a talk with my broker :) Have a great evening everyone.

Chris
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