As a real-life example of a missed traded due to being practically hamstrung with the lunacy of this market, may I present to you Netflix:
The setup last Thursday was pitch perfect. The stock had exploded in price and was just beneath its prior “lower high”. On top of that, it had a shooting star candlestick. Thus, after earnings came out Thursday afternoon, the stock went into a free-fall, and it’s continuing to fall today!
ARGH, I suppose, is the only thing I have to say!
