New Trade Setups Added: Long: Facebook (FB) *Sent intraday Thursday* Ideal Entry: 306.22 Stop-loss Option: 295.98 Target: 345.00 Risk Rating: 3.3 Trade Setups Triggered: Long Setups: FB, TSLA Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: SLB (1/3), SLV (2/3), CAT (2/3), FB Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: TSLA
New Trade Setups Added: Trading Notes:Â These are the times where risk management is so incredibly important - and why I preach it so hard. It doesn't keep you from having a losing trade or going through periods where the trading is difficult, but it does keep you in the game, it keeps you solvent and
New Trade Setups Added: Long: Microsoft (MSFT) *Sent intraday Tuesday* Ideal Entry: 246.25 Stop-loss Option: 241.398 Target: 280.75 Risk Rating: 2.2 Trade Setups Triggered: Long Setups: MSFT Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: SLB (1/3), SLV (2/3), CAT (2/3), MSFT Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: DLTR Short: None
New Trade Setups Added: Trading Notes:Â I reduced my overall long exposure with the partial profit taking in CAT and SLV, and the complete closure of TWTR. Reducing long exposure in this market environment helps to reduce risk in the face of increasing uncertainty. Current positions are those that have fared well of late, as technology
New Trade Setups Added: Long: Dollar Tree (DLTR) *See notes below*Â Ideal Entry:Â 116.95 Stop-loss Option:Â 113.36 Target:Â 128.00 Risk Rating:Â 2.0 DLTR:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the
New Trade Setups Added: Long: Caterpillar (CAT) *Sent Intraday Wednesday* Ideal Entry: 237.02 Stop-loss Option: 223.18 Target: 273.11 Risk Rating: 2.7 Trade Setups Triggered: Long Setups: CAT Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: SLB (1/3), SLV, CAT Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: SLB (1/3) Short: None Trading Notes:Â
New Trade Setups Added: Long: Twitter (TWTR) *See notes below*Â Ideal Entry:Â 54.88 Stop-loss Option:Â 51.90 Target:Â 67.00 Risk Rating:Â 3.7 Â TWTR:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs
New Trade Setups Added: Trading Notes: I'm not putting a new trade setup out there just yet and I may not put on a new trade today at all. These conditions requires patience. Very little works, so the less you trade, the better off you are going to be. Shorting the market sets you up
New Trade Setups Added: Long: iShares Silver Trust ETF (SLV) *Sent Intraday Monday* Ideal Entry: 24.94 Stop-loss Option: 23.74 Target: 27.93 Risk Rating: 2.5 Trade Setups Triggered: Long Setups: SLV Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: SQ (2/3), LRCX, SLB (2/3), SLV Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: SPOT
New Trade Setups Added: Trading Notes:Â It is always more exciting when I provide a new trade setup, but sometimes the best decision is the one where you stand aside, and wait for the market to provide you with a better confirmation of where it wants to go, or to let current price action simply play