Below is our first installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a new trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. Watch this review of a Fade/Reversal Trade in $SSYS.
Highlights:
1) The importance of searching for other stocks in a hot sector
2) The trading principle that you do not have to catch the top for a profitable reversal trade
3) How to use long-term technical levels to find excellent intraday R/R trades
4) Do not miss The PullBack Trade in a strong stock/sector while trying to catch a Fade Trade
You can be better tomorrow than you are today!
Mike Bellafiore
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