Our weekly hunt for real-time trades bagged no elk or bear, just a couple of squirrels. The goal was to affirm the idea that no Pivoteer ever went broke trading against the trend at well-defined D targets. We attempted this in NFLX and TSLA, only to discover that even if the law of averages favors us, there will always be outliers that lose money. Still, there’s some good material here relating to camouflage set-ups, a tactic we haven’t used much in the last several lessons. These trades are work-intensive, but on days like this one, we were able to combine them with ‘mechanical’ triggers to yield action on a dull day.
