After all the wild bull and bear swings this week, the market ends flat today. The price action was choppy resulting in few trading opportunities. The computers see it as black or white; they don’t force trades. eStockPicks had 5 day trading alerts: 4 longs and 1 short.
- 1 Win: INTC
- 2 Break Even: SU, SWN
- 2 Loss: RRC, FIT
Make it a habit to document your trades and review it from time-to-time. This will help you become a better trader.
Stock Pick: INTC Type: Long Price: $28.10
Stock Pick: FIT Type: Short Price: $33.53
What is considered as break-even? Can you give some examples with charts.