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, MPEL triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, COST triggered short (with market support) and we closed it out around the entry after the market was flat for almost an hour:
TEVA triggered short (with market support) and we closed it out around the entry after the market was flat for almost an hour:
AMZN triggered short (with market support) and didn’t work:
Mark’s MCHP triggered short (with market support) and didn’t work:
AAPL triggered long (with market support) and didn’t work:
GOOG triggered short (with market support) and didn’t work:
In total, that’s 6 trades triggering with market support, 2 of them we closed flat because of complete market inaction, 4 did not work. Single worst trading ratio win/loss in over a year.
