FB Freebie for Feb 8th 2010
| Bob Byrne is a full-time private daytrader with 10 years’ experience. His trading relies on technical analysis and focuses primarily on energy and metals. Here on the pages of Finance Banter and in his daily chat room, Bob provides active investors and traders with up-to-the-minute S & P emini analysis, technical analysis of the equity markets and insightful market commentary from a veteran trader.Let Bob help you start the trading day off right, with brief pre-market analyses of the S & P emini, potential market-moving economic releases, and the most active sectors and themes in the markets.
Take advantage of this unique opportunity to get inside the head of a trader with more than a decade of experience managing the swings, risks and daily stresses of being a full-time trader. |
If you are a day timeframe trader I would suggest being prepared each morning with a small list of stocks to focus on. As volatility is elevated it will make sense to remain focused a small list of stocks (or sectors)…only need a couple opportunities a day to squeeze out a few bucks.
Unless otherwise noted, my standard protective stop will be the prior intermediate low (if long) or high (if short) on a five minute chart. Also, if stocks you are interested in gap up or down and “get away from you”…be careful about chasing price momentum.
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ICON
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