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New Trader / Strategy / Possible snipe on ALTRIA GROUP

Possible snipe on ALTRIA GROUP

The Altria set up is looking very interesting indeed. I’ve entered long on this. [Note that the ‘sue yourself principle’ applies if you lose betting this].

17/03/2015: Update.

Based on my analysis of Kroger, I calculate that Atria is similar. Yes – I could be wrong. This is not about being right. Profitability is about being right only about 40% of the time and making the aggregate of 40% of those wins bigger than aggregate of 60% of losses on losing positions.

I went long on Altria.

Screen Shot 03-17-15 Altria at 09.04 PM

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