This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
3 trades with 2 small losses and one medium size loss for -1.3 R total. Tough trading day I found. Trade 1: ZION
Trade 2: ZBRA (15 min chart)
Trade 3: IPS
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
February 19th, 2007 at 4:15 am
whats an “R”
February 19th, 2007 at 2:28 pm
It’s like a “P”, but with a retest of the low.
February 19th, 2007 at 8:20 pm
Marc, Trader Mike has a great post on R multiples. His expectancy post is also very good. His site is a must read.
February 20th, 2007 at 8:06 am
tapeworm R = $5
prospects R = $50
zoomie R = $500
phileo R = $5000
richard R = $10,000
February 20th, 2007 at 1:38 pm
lol