Stock Watch 7.29.11 “Lazy Days of Summer”
Not every day in the market can be filled with premo volatility and a plethora of stock plays. After three incredible trading days this week Thursday was a rip van winkle. I’m ok with that. However, for many traders they feel that if the market is open you’re supposed to trade. Nothing can be more idiotic than that. The two worst type trades you can ever make in your trading career and vengeance trades and boredom trades. I beg of you never ever do either one of those and you will avoid a mountain of frustration and pain. Simply put, if there is no quality set up’s -don’t trade. This is not gambling 🙂
Thursdays Trades $CBOU +200 $TLB -60 $REE -80 $MILL +200 Total +260.
Watchlist MILL TLB NGSX DVAX TSTF GST