Written by Pat McCubbin
Exact Stock Picks
Good Afternoon,
Another example of throwing away the baby with the bathwater. Trading is difficult enough, but the last few weeks have been something else indeed. The swings in the market can change on a dime and there is little if any way to gauge this markets direction over the short term. The only thing we can try to do is stay balanced in these markets and try to take advantage of each side.
We have received numerous emails from our members over the last few weeks asking if we can add different trading strategies. In an effort to please all of our subscribers we have added an additional risk profile for each of our trades. If you visit “ESP Overview” on our home page you will see we are breaking down our trades into various risk levels. We will continue to use an options hedge, as well as other alternatives which carry slightly more risk. Please take the time to read the risk levels and the strategies.
In the portfolio today all positions sold off. It has been that way over the last couple of months. When the markets move they take around 90% of the stocks with them, regardless of the technical trends. That is the reason to hedge both sides. All of the gains on our shorts were offset with the gains on our longs. We were pretty much flat today overall.
We are looking forward to bringing a new dynamic to our trading strategies starting tomorrow. Please make sure to review the risk parameters on our “ESP Overview” page.
Before you take any additional risk in your portfolio be sure to consult with a registered advisor before making any trades. Our trade alerts are merely trade scenarios which we feel have potential gain potential, but in no way should be construed as recommendations.
Have a nice evening and we’ll talk again before market opening!
TEN Exclusive: Portfolio Update – 7/21/10 is an article from: 
