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I like the format and straight forward positioning of your portfollio. For F, I assume that the call to come into the trade is when a breakout occurs. Looking over the past few months, F has been range bound between 12 and 13. Yes there is a cup, but wouldn't it be safer to come in if next low stays above the last one on march 12, Alot of people will be playing the 13 level bounce. I saw the same thing happen with UAL a couple of days ago. It seems like scalpers are looking for breakout canditates, doing a quick play on them, then jumping out causing a significant drop, then up after that (could be the case here for F).shumushu wrote:My traders market report summary for the day 3-19-2012, This is my first time doing a summary like this. Let me know what you guys think.
I think that when anyone specifically post positions along with a P/L they cannot help but be biased in wishing it to perform profitably. Many people post mkt opinions, but I think you should consider at least whether it is in your best interest to post a P/L as well as the size of a position.shumushu wrote:My traders market report summary for the day 3-19-2012, This is my first time doing a summary like this. Let me know what you guys think.