Trade1
Short Sale FB Entry 21.95
Stop 22.02
Target 1 21.80 Covered 1/3 for +.15
Target 2 21.60 Covered 1/3 for +.35
Target 3 21.35 More for +.60
Stopped out rest for +.40
risk/Return 0.07:0.60 =857%
Today pre- market FB gapped down .94 on bad Barron's Report. Everone who went long FB last week wanted out today. Which caused panic asn investors ran for the door.
See how we can take advantage of panic in the market?
Unfortunately after we got out it dropped almost another $1.00!!
Trade 2
Short sale VVUS Entry 20.17
Stop 20.35
Target 1 20.05 Covered 1/3 +.12
Target 2 19.67 Covered 1/3 + .50
Target 3 19.37 Covered more +.80
Target 4 19.15 Covered rest +1.03
risk/Return 0.18:1.02 = 567%
VVUS we didn't leave much money on the table.
Trade 3
Another short sale Entry 6.17
Stop 6.23
Target 1 6.05 Covered 1/2 +.12
Target 2 5.90 Covered 1/4 +.27
risk/Return 0.06: 0.27 = 450%
Today was a very good day . We had all winners.
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