Wednesday, January 25, 2012

This is worth seeing one more time

Remember yesterday I posted the chart below showing how predictable longs were in placing their stops in AAPL and how they were hit hard? How would you like to have been one of them?

There's the stops hit hard because they placed stops at intraday support, about as obvious as you get.

Just as a reminder, this article  wrote about stop placement is linked at the top right of the site, it may be worth a quick read so you don't fall victim to these predictable fishing expeditions.

* Placing Stops-What you should consider...

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