Glad to be back! Looking to really take advantage of last week's weakness in the markets. Everything detailed out on what I am looking for as a definitive sign for a decent rally. Right now news is the judge jury and executioner in this market. All positions should be trimmed to reduce risk in the volatile markets. That said The Kick As Trade of the Week is a beauty and I will be looking to start new position early in the week. On a note of caution: This market has ventured into uncharted territory, Any serious euro news will send continued shock waves across the markets. A potential run on European banks is a long shot, but is in the realm of possibilities. In any scenario it will be a great idea to have free cash available and not fully invested in markets at this time. Even all cash until things clear up. I will be starting any new position in 1/4 size. People always ask me about positions sizing and how to scale in based on account size. Here is something I put together back in June. It is an example of a scale in method I use. Remember it is not set in stone, but I understand  people love to see things spelled out for them so here is this chart on Position Sizing

Also here is this weeks 10 for 1000 watch list View here http://daytradingradio.com/10for1000

Also some important levels to watch

DayTraderRockStar