With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early. ETF calls do not require market support, and are thus either winners or losers.
From the report, WYNN triggered long (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s IBM triggered long (with market support) and didn’t work:
His BABA triggered long (with market support) and didn’t work:
LULU triggered long (with market support) and worked enough for a partial, worked better later, this was supposed to be the real trigger on the report call:
Lots of other calls and none of them triggered.
In total, that’s 3 trades triggering with market support, 1 of them worked, 2 did not, a rare day with a negative win ratio.