We don't buy 'em, we don't short 'em...

until the price is right and the time is right and ... even then there might be "acceptable losses".

(TKO) - one of the long candidates listed on the Members Site with a trigger price of $3.24 JUST YESTERDAY, today went up, marched through the "trigger price" in the first 10 minutes after market opened and then... then due to lack of volume, after vacillating at the +4.5% "profit zone" gradually retreated and closed with a loss of -2.8% off the "trigger price".

My trusted TREO 650 is been dead for few days and I was unable to place a stop loss order after (TKO) was bought at $3.26, but... BUT this is an exceptional example of how correctly calculated trade turns into a loss ( but NOT a financial disaster) due to unforeseen technical problem ( dead TREO it is). If not that, even after failed as of today breakout, if my usual -2% stop loss was placed, I'd have about 2.5% profit on a trade. "That" happens and when it does it proves time and again that by applying systematic work and following your trades religiously profit may constantly be made.
Tomorrow will be a better day - it always is.

As for today - visit Members Site for fresh trading ideas.