August 20, 2008

Market Review and Commentary for August 20, 2008

DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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The DOW, S&P and major indexes moved sideways today but that does not mean there are no opportunities!

As a professional trader that’s all there is: Opportunities! And, frankly, there are just too many of them! So we have to pick our trades with the highest probablity of success based on proven setups.

Setup #1 is included in today’s video.

(Note: The first 5 minutes of this video has no audio. I recorded it as I was closing out a trade. I thought it might be interesting to watch ‘over my shoulder’ as I close a small stock postion and what I look at as I do it. Next time I’ll try to provide commentary as well!)

WATCH TODAY’S DAILY REVIEW

Trade With Confidence