You leave Friday afternoon owning a stock that closes at $19.55.
You come back Monday morning owning a stock that is trading in the pre-market at $3.75.
There is something to be said about closing all positions in the same day, and not holding any overnight.
Go make some good trades - who knows, maybe NUVO will present an opportunity!
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Tags:
trader-x, stocks, fibonacci, trading, nuvo
10 comments:
That will get your week off to a bad start!
I'm in NUVO :(
Risk works both ways. Stocks gap up, too.
True, but I would rather not have the risk at all.
jeffpaz, say it isn't so!
Speaking of crashing, what happened to Trader Mikes blog?
re: Trader Mike. Not sure, I am getting a lot of weird stuff. Mike, where are you?
NUVO
Sometimes Fundies are important!
So Sorry jeffpaz...I sure hope your kidding.
I traded a few non X type of trades today. SHLD, AIG and BAC kind of setups for the long side and a continued short swing on AMD.
Mr. X,
Wanna take a stab at it?
That's a trainwreck
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