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TRADER'S NOTEBOOK  |  March 31, 2010
The Rubber Band Effect
SpikeTrade.com is a group of 20 professional and semiprofessional traders involved in a weekly competition. Each member submits his or her pick along with the entry, target, and stop. The picks are submitted in private, and then all is revealed on Sunday afternoon. At the end of each week, the Spiker who wins that week's competition writes up his or her analysis of the trade.

In this article I will review the winning trade from the week ended February 19, 2010. The trader is Stephen M., a serious semiprofessional trader who is also an Idaho-based orthodontist. Steve is the newest Spiker, promoted for his excellent performance as a SpikeTrade member (you can see his profile and the description of his trading style on the website). Here is Steve's analysis of his latest winning trade--AE
by Alexander Elder, MD

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