Friday, February 21, 2014

Mistakes Happen


Good morning folks, 

In trading, like in life, we all make mistakes. The key is to use those mistakes. Never regret that you made them. If it's a good mistake, it's fantastic. If it's a bad mistake, chalk it up to experience and learn from it.  It's a big reason why I do trade reviews on every trade I make, good or bad. There is always room for improvement and a lesson to be learned. Making mistakes is a good thing, because learning from them and applying what you learned helps build the path to success.

Speaking of paths, Noanet Trader and I have agreed to pursue our own individual paths. Noanet is a tremendous trader with a fantastic service. I wish him and his members the very best of life and continued success.


Morning movers and other stocks that caught my eye

$CTIC daily looks hot might be ready, $AUDC may have more in it crossed key area on the weekly testing 52 week highs, $QTWW getting ready to test 52 week highs thin one do not chase it, $CORT daily looks fairly interesting, $AUMN flaggin right over the 200 day, $ATHX really looks like it wants to take out the 4 dolla holla  $GENE pulled back to support on lower volume daily looks compelling can be a pop and flopper so caution advised, $ARUN continuation?,  $PSTI like the daily, $ARIA pr nice daily, $IDRA like the daily, $PLUG 20sma bounce?, $VRNG on radar for some type of pr move, $IMRS grinding higher, $OTIV testing moving averages and back over trendline

Options expiration today so I anticipate some volatility I will be keeping an eye on $TVIX for opportunity trades throughout the day



Seeking Alpha
Today's Markets:
In Asia, Japan +2.9% to 14866. Hong Kong +0.8% to 22568. China -1.2% to 2114. India +0.8% to 20701.
In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt flat.
Futures at 6:20: Dow +0.2%. S&P +0.1%. Nasdaq +0.1%. Crude -0.1% to $103.21. Gold +0.3% to $3121.
Ten-year Treasury Yield +1 bps to 2.76%.
Notable earnings before today's open: AEEBBCCCHTRDCIDISHECLEGOPNWRUTHSATSSTRASTRZA,TFXLBY

Good luck trading today!

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