The stock I was alluding to in my first post was AMZN. It had been trending up for five days and most of our trades have been on the long side. I mentioned in the morning meeting that 147 would be a 50% move since the gap up on earnings so I would like for signs of a top as … Read More
Stages of Successful Trading
I am certain that there are a myriad of ways to describe how a novice trader moves from lack of expertise toward mastery. I would like to use the below as a framework to describe the progression of the traders on our desk. In Part II I will give an example of a specific stock that was In Play today … Read More