Quote of The Day "Traders use small losses to weed the garden of their positions so that winning positions can grow exponentially."
-- The Trader
A different way to think about losses.
Almost forgot to send this out gang... |
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SPX Daily
The S&P 500 gave up quite a bit of Monday's gains, but managed to stay above support.
Click to watch a video review of the index. |
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| Summer Of TAOST Bias No update today... The Bias setup delivered -8 ticks today... Actually a pretty strong result given the choppiness of the morning. |
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Today's TAOST Stalk Candidate
Anthem, Inc. [ANTM] is today's stalk candidate... Anthem looks to be forming a nice Cup & Handle pattern on the weekly chart. It's a bit early, but this pattern can be powerful if it completes. Plus, catching a setup at this stage reduces your risk even further. |
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
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