Trade2Hold Exit- AMZN

BellaGeneral Comments6 Comments

Today during our AM meeting we highlighted AMZN and the 123 level as a shorting opportunity.  This turned out to be a wonderful intraday trading opportunity.   As intraday traders gravitate towards a longer holding period, for us Trades2Hold, set ups like AMZN must be mastered. AMZN had earnings Thursday night, gapped up on Friday, and then sold off for … Read More

Banging In and Out of Stocks

BellaGeneral Comments16 Comments

As a desk we have transitioned into focusing on Trades2Hold due to different market conditions. Scalping has diminished. C trades deemphasized. We wait for our best set ups and execute. But then Obama entered the arena looking for a fight with the Banks. Things got ugly. And as traders we need to adjust again. Back in the Fall of 08 … Read More