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Veal Market – Baby Calves Get Slaughtered

The list got slaughtered last week. At best, my buy side picks were too early, and at worst, flat out wrong. The average loss is now 2.9% with an average holding period of 12 calendar days, including 2 picks that hit stops and were closed out. With the 18 remaining open picks, for those whose buy signals have reversed, I have added tight stops. It boils down to the dreaded “holdin and hopin,” for a rebound and better exit point, but with lines in the sand where I will retreat and regroup. Non-subscribers click here for access.

Technical Trader subscribers click here to download the complete report.

Table of picks and performance in the subscriber report. Non-subscribers click here for access.

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The strategy and tactics opinions expressed in this report illustrate one particular approach to trading. No representation is made that it is the best approach, or even suitable for any particular investor. This is a developmental and experimental exercise, for the purpose of providing experienced chart traders with ideas and concepts to use or not use as they see fit.

Nothing in this report is meant as individual investment advice and you should not construe it as such. These picks are illustrative and theoretical.

The public facing report is not the complete report. Only subscribers have access to the full report and regular tracking of the theoretical picks and closeouts made in the reports.

Posted in 2 - Technical Trader
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