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Friday, July 13, 2012

Biggest red day in while, back to basics

Frustrating losses as top ticked most failures.  Need to work on better risk management as well as placing stops tighter, here's the review.

LXK - Looked strong out of the gate on huge gapdown, pleased with stop but really should have shorted

SIMO - Looked for snapback play, right idea but terrible execution and poor risk mngmt

SFLY - Looked ready to go but chased and snowballed, terrible execution of plan

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