Wednesday, October 31, 2007

October Review

We had 28 stocks trigger this month with a decent win rate:

13 wins (1%-4%)
8 loss (0.3%)
7 scratch (0.5%-1% before reversing)


The month started out very well for break-out trading but as the market became more and more extended, the set-ups became more messy. Overall though, a good solid month with a lot of opportunity for momentum traders.