Observe, Learn, Act

To share and learn trading ideas on stocks, options, futures, warrants, forex, etc ... Mainly dedicated in analyzing Tech

Monday, December 1, 2008

Russell 2000 Intraday Faked-Out


Today I was focusing on the RUT index which seems to be smoother than NDX and better in trending.  I use its 3 X leverage short ETF to trade, symbol TZA.  The 3 orange arrows denote the places I have entered my positions, 1/3 at each location.  Looks like my stop-loss was too tight to get "Faked-out" before the big move.  It was sad, but let's learn from mistakes.


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