Anatomy of a Trade

Dissection. A trade has a time constraint; otherwise it would be an investment. SIRI is a fair investment but not a good trade. Traders need free capital and thrive on momentum-investors ignore short-term noise and place positions for the long haul. The problem with the SIRI trade was using longer term assesments for shorter term price movements. Not a good idea. SIRI will probally work out; however, a trader needs to be liquid and mobile. A slash and cut player does not work well for long pulls. That was the initial problem. We like to play in the most competive environments. We took a loss....which we probally didn't have to, in order to free up capital for the slash and burn style. It's called a "Re-Set". Now we are in C. Stay tuned...new skills added.