Today in our pre-market commentary we said that the market
would be choppy after a strong reversal the day before,in
context with the previous two days. So we traded cautiously.
Meaning : We reduced our shares sizes to 1/3 .
Trade 1
Short FCX From our watch list.
Entry 30.65/Stop 30.75 Stopped -.10
Trade 2
Short ROST From our watch list.
Entry 54.90/Stop 55.03 Stopped -.13
Trade 3
Short EXPE From our watch list.
Entry 59.68/Stop 59.80 Stopped -.12
We took three trades today. All were stopped out .
Are we going to take more trades?No!
Three strikes you are out.We shut down at 11.43 am.
Yes! In the morning.
See how our pre-market analysis helped us cut our loses
down by 2/3 by reducing the share size!. You have to learn
to trade if you want to survive.
Sometimes market just doesn't give you an opportunity to
make money. Listen to the signals and heed them.
Walk away.Come back tomorrow.River will still be there.



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