iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

[Day] …. no good trades out there

With an hour left, I really don’t see any good trades out there. The market is too thin, and the bulls are not taking profits.

The day trades on my radar are only good for about 1% gains… that’s pretty useless especially if my stop loss is 1%.

Easiest trade I can see:

Short: NVEC 24.90
Cover: 24.60
Gain: 1.2%
Stop: 25.15
Loss: 1%

… problem is, the bids and asks are extra far apart. And I’m not sure I want to battle the longs anywhere.

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