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.
FOSL triggered long (with market support); INSERT INTO `wp_posts` (`ID`, `post_author`, `post_date`, `post_date_gmt`, `post_content`, `post_title`, `post_category`, `post_excerpt`, `post_status`, `comment_status`, `ping_status`, `post_password`, `post_name`, `to_ping`, `pinged`, `post_modified`, `post_modified_gmt`, `post_content_filtered`, `post_parent`, `guid`, `menu_order`, `post_type`, `post_mime_type`, `comment_count`) VALUES kind of a mixed bag. It’s an $80 stock that pulled back $0.30. We’ll say it didn’t work, because we don’t like to pad the numbers, but it just depends exactly how tight you kept it:
From the Messenger, GOOG triggered long (with market support) and worked:
GS triggered long (with market support) and worked:
Rich’s VRUS triggered long (with market support) and worked:
His AAPL triggered short (without market support) and didn’t work:
His GOOG triggered short (without market support) and didn’t work:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.