This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Friday I said the market handed me a lesson. I tried to “finesse” my way in and out of a stock that I “knew” was gonna go my way. Result was R 3.5 loss after the carnage. No sense posting the chart, could have been any setup that I KNEW was gonna go my way. I have made this mistake before, but it has been a long while. Good day yesterday, was sick though. Today I took some really poor setups, and some really good ones. I made a few R’s, but the ugly ones were ugly. I was pressing to find trades that weren’t there. I will let you be the judge what were quality setups and which weren’t.

IMCL:

CFC:

LDK:

OMCL:

AINV:

SMOD:

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com