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Tuesday, May 18, 2010

Trading Review of May 17, 2010

"Let no one think that flexibility and a predisposition to compromise is a sign of weakness or a sell-out." - Paul Kagame

I took a trade earlier on Monday, that I mentioned in the Twitter stream. As this is a trade that I discussed for "Airelon's Market Tactics", it will count towards the results of the Model Portfolio that benchmarks the results of the newsletter.

There were two moments with this trade on Monday. It was in Sugar #11. The first 'moment' was a profitable trade. The second, was a moment where I was going to enter the market, and then decided to pass. And all if it, had to do with what I saw on the tape.

The video skips about in the beginning, so forgive me for a couple of audio and video 'skips' ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click here to view the entry ...)

After I filmed this, Sugar fell even further to .1382

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 14 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk

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