Although I personally trade many of the trade ideas posted on Right Side of the Chart, I do not take every trade for numerous reasons. For example, at times, I might already be fully invested or at my ideal market exposure level when I come across some new trade ideas which are posted on the site. I may already have my maximum long or short exposure or target exposure to a specific sector at the time a new trade idea is posted, in which I’ll pass on as to avoid over-exposure to that sector or industry. I also strive to provide the most attractive trade setups, long and short, regardless of my current market bias (which I always do my best to make clear). Therefore, while I might be bullish at the time & shying away from short exposure, someone who is bearish just might profit on a short trade that I posted as a trade idea but chose not to personally take the trade.

Another instance where I’ll pass on a trade idea that triggers an entry would be if I plan to be away from my desk in the near future, such as just before a vacation. Additionally, many sector and broad market ETF trade ideas are posted on RSOTC. As an experienced trader, I will often chose to trade the most bullish or bearish stocks within a particular sector that stands out at the time, preferring to trade long (short) the most bullish (bearish) stocks within a particular sector or industry in lieu of trading the associated ETF. However, as many traders prefer the diversity and convenience of trading ETFs over individual stocks, ETFs are often posted as trade ideas.

Therefore, I may or may not have a position in any of the trade ideas posted on the site although I would never post a setup that I don’t believe has a good chance of being successful. I strive to identify and share the most promising trade setups with clearly defined chart patterns and above average risk/reward profiles, both long and short, regardless of the current trend or my own personal market bias. With that being said, it is normal to expect more long trade setups when the near-term & intermediate-term trend or outlook for the market is bullish and vice versa with more short trade ideas during a downtrend or at times when it appears that a correction is likely.