Below is our newest 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. See this review in PowerPoint of $ARO AM Fade Trade.
Highlights:
1) Great example of how you do not have to catch the top to make an excellent fade trade.
2) Terrific example of a counter-trend trade where the trader understands where they are wrong.
3) This trade offers a very clear signal of where to add to your position.
4) Discussion of your different trading businesses for the AM, midday, and into the close.
You can be better tomorrow than you are today!
Mike Bellafiore
No relevant positions
