Trades for 1st November,2012
Trade 1
Short ABX From our watch list.
Entry 37.28 (10.50 am)
Stop 37.35
Target 1 37.15 1/4 +.13
Target 2 37.00 1/4 +.28
Target 3 37.75 1/4 +.53
We lowered our stop to .85 stopped out 1/4 +.43 9(11.45 am)
risk/Return .07/.53 757%
This was a great trade.Hit all our targets.
Great start for the month.
There were a few more stocks that went our way.But there
were no proper entries with right r/R. So what do we do when
this happens?.Walk away.Yes. Walk away. Don't force a
trade.Let the trade come to you.

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