Hi Mike, I know you are a busy guy but I had a question regarding exiting potentially wrong trades ahead of my stop point, something I’ve had difficulty with in the past. For background, I have stopped this practice as I have found that acting on my newbie instincts or interpretations of order flow has led me to cut positions … Read More
A Signal from the Level II
On the Open GMCR and BEC gave us a signal from the Level II, we say Reading the Tape, that they both were going down. After this signal there was opportunity to add or take a position with the side of this signal. Some time passed and then it happened. Both stocks headed in that direction of the signal. 33.50 … Read More