Thursday, March 23, 2017

Back to cash

Price action earlier in the week meant the trailing stop in my last position was hit, taking me completely out of the market.

Over the preceding weeks there was a dearth of setups which met my own criteria - and the few that did simply didn't trigger an entry.

As always, I have NO idea what is going to happen, both in the market averages in general, as well as the individual stocks I am looking at.

All I can do at this stage is continue to look for potential opportunities in accordance with my own criteria, maintain my watchlists, and wait to see if any entries are triggered.

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