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Both the daily and weekly charts have doji bars with light volume. I will make this simple: need an engulfing candle with much heavier volume to pick a direction.
I think you should know your upside target (as well as risk) before you entered the trade, and stick with that unless you believe something about your prior analysis which got you in the trade as dramatically changed.
Al Brooks also talked extensively about AAPL today in the webinar. For the record, he would be shorting.
my March 430/440 bull call spread. But because of the Greeks, I didn't make the Grand, just $670. I would of had to wait until March 16th and AAPL would of been above 440 for the grand. So, I took my money off the table..........NOW
Started this Journal Because ..............my trading is going nowhere. I am frustrated. Something has to change, so I thought of starting a journal this week. I woke up this morning and said to myself, lets start it today. I began my trading on June …
