Trades fro 7th November,2012
Trade 1
Short CHK From our watch list.
Entry 18.10
Stop 18.20
Target 1 18.00 1/3 +.10
Target 2 17.75 1/3 +.35
Target 3 17.55 1/3 +.55
This trade took us all day long. We were expecting CHK to drop
to 17 area. Didn't happen.
Still we walked away with great rewards.
risk/Return .10/.55 = 550%
We will be watching CHK tomorrow for possible follow through.
Wednesday, November 7, 2012
Trades for 6th October,2012
Trade 1 The only one!
Short ESRX From our watch list.
ESRX had the signs that invetors were fleeing the stock after
earnings.
Entry 54.45 Stop 54.55
We were stoped out -.10
Second Entry 54.45
Stop 54.55
Target 1 54.25 1/3 +.20
Target 2 54.15 1/3 +.30
Target 3 54.00 1/3 +.50
Third entry 54.75 Stop 54.80
Target 1 54.60 1/3+.15
Target 2 54.45 1/3+.30
Target 3 54.00 Never hit.
We were stopped out 1/3 for b/e.
Net trade -.10+.55 =.45
risk/Return .10/ .45 =450%
See how you could trade the same stock through multiple entries.
Trade 1 The only one!
Short ESRX From our watch list.
ESRX had the signs that invetors were fleeing the stock after
earnings.
Entry 54.45 Stop 54.55
We were stoped out -.10
Second Entry 54.45
Stop 54.55
Target 1 54.25 1/3 +.20
Target 2 54.15 1/3 +.30
Target 3 54.00 1/3 +.50
Third entry 54.75 Stop 54.80
Target 1 54.60 1/3+.15
Target 2 54.45 1/3+.30
Target 3 54.00 Never hit.
We were stopped out 1/3 for b/e.
Net trade -.10+.55 =.45
risk/Return .10/ .45 =450%
See how you could trade the same stock through multiple entries.
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