Thursday, December 6, 2012

Trades for  6th  December,2012

                                        Today in our pre-market commentary we said that the market
                                        would be choppy after a strong reversal the day before,in
                                        context with the previous two days. So we traded cautiously.
                                        Meaning : We reduced our shares sizes to 1/3 .

Trade 1 

















 Short FCX                      From our watch list.

                                        Entry 30.65/Stop 30.75        Stopped -.10

Trade  2


























 Short      ROST                  From our watch list.

                                           Entry  54.90/Stop   55.03      Stopped  -.13

Trade 3


 






















Short  EXPE                   From our watch list.

                                        Entry  59.68/Stop 59.80    Stopped -.12


                                       We took three trades today. All were stopped out .

                                       Are we going to take  more trades?No! 
                                       Three strikes you are out.We shut down  at 11.43 am.
                                       Yes! In the morning.

                                       See how our pre-market analysis helped us cut our loses
                                       down by 2/3 by reducing the share size!. You have to learn
                                       to trade if you want to survive.
                       
                                       Sometimes  market just doesn't give you an opportunity to
                                       make money. Listen to the signals and heed them. 
                                       Walk away.Come back tomorrow.River will still be there.

























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