Nothing on Monday and just started looking at the slate of games today. I will update when I am finished taking a look this morning.
Our only remaining swing trade is PM and we will exit that trade at the close today. Right now its looking like 5-0 for our first five swing trades.
I have received a few emails regarding tweeting out my swing trades similar to what I do with handicapping plays. If there is enough interest I will set up a separate twitter account for only swing trades.
RickJ
Rickjshandicappingpicks.com
Twitter: rickjsportplays
Comments
Rick:
My background was a trader on the floor of the exchange.
Traded options and equities. Along with a few other day traders on the floor, we looked for spots where big pieces where going on and the stock was taken down to facilitate the seller and we tried to be there when it took place and bought either options or stock at the price of the large sale. A good % of the time it would bounce to a point where it was profitable to FLIP and make a 1/4 or 3/8 on the trade.
Flipping is a system where you have to be on top of the situation all the time and if it doent work out the rule of thumb is if it goes down 10% from your trade price -sell it!
Good Hunting…