Two Stocks Showing Danger Signs
I'm guessing that most, if not all, traders are having the same thought about Mondays: This Friday I am going to buy puts or short equities near the close, and hold through the weekend. If anything, I might think the opposite. Of course, I'll change my mind 16 times throughout the week on the basis of different reports and news headlines, but that is the way of the trader.
The key there is to not try and grab the trade too early, then get whipsawed 15 times before we even get to the close on Friday. If so, then I'm sure to have more losses locked in place than potential gains I could even make next Monday....552 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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