I was sitting with some traders the other day, doing that standard thing standard traders do, taking about trading. The subject came up about tough stocks to trade. Not hyper-thin biotechs or Ukrainian ADR’s, but normative, mainstream stocks that for some reason have been our personal bête noire to trade.
Five stocks popped into my head.
1. Intercontinental Exchange ($ICE)
2. ProShares UltraShortFinancials ($SKF)
3. Wynn Resorts Limited ($WYNN)
4. Potash Corporation ($POT)
5. Walter Energy ($WLT)
For some reason over the years, these are stocks that I have constantly had trouble trading successfully. So much so that not unlike a beaten dog, even if I see that they have good looking charts, I tend to shy away from them.
What stocks stick out in your mind as troublesome to trade?