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Home Posts chop

A Small Rip Can Lead To A Big Chop?

sspencer07/08/2010Steven Spencer (Steve's) Blogs, Technical Plays, Trading Theory2 Comments

I foolishly decided that buying NTRS on a pullback to 48.50 this morning was a great risk/reward trade.  NTRS had broken its recent downtrend yesterday and closed at the high of the day on good relative volume.  In my many years of trading this has proven to be a high percentage play.  BUT during the past three weeks I have … Read More

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