For the intraday trader we look for opportunities where stocks are:
1) Clean
2) Trend
3) Wound up to move
4) Controllable, meaning you can control your risk
5) Scaleable, meaning you can add significant size
In our SMB Trade of the Week we had all of these. See the power point slides above. Would you have made this trade? How would you have traded it differently?
For more trades like this preorder my next book, The PlayBook.
Mike Bellafiore
no relevant positions
One Comment on “SMB Trade of the Week: Failed Breakout (CMCSA)”
This is a good post. Learned from it and format is great for learning.