Trades for 28th November, 2012

Trade 1

Short    GG               Form our watch list.

                                 Entry  38.15/Stop 38.25

                                 WE were stopped out in a flash.  -.10
                               
                               Second entry     38.46/Stop 38.56

                               Again we were stopped out          -.10 

Long     GG            Entry  38.67/Stop  38.50

                               We waited on this for a long time. It touched .50 and bounced.
                               Ran up to .80  and before we could take any profits it was back to .67.
                               We got out to b/e. Had we taken at least 1/3 we would've stayed in the
                               trade. But  alas!. After we got out  it ran up $1.00!

Trade   2

 Short  DG               From our watch list.

                                Entry   49.50/Stop  49.60

                                WE never got the chance to get in to the trade. It moved above .60
                               and later fell below. 50 and bounced right back.didn't go anywhere
                               after all.

                              We  had two losses and a b/e trade  today. We did not want to risk money
                              in to another trade today. So we just walked away.There was SRPT where
                              we could've made enough to cover our loses and more. But key to
                              survival is discipline.Tomorrow is  another day.
                              


                            

Trades for 27th November,2012

Trade  1

Short MMR                 From our watch list.

                                    Entry   7.96/  Stop 8.10

                                    Target   1   7.86               1/3 +.10
                                    Target   2   7.66               1/3 +.20

                                    Target  3    7.00               Never hit  .More  for +.50
                                    Lowered stop to  .50 and we were stopped out  rest for +.46

                                    Great trade. Whole trade took only 5 min.

                                   risk/Return     .14/50  =357%

                                   We hit more than  3/4 daily target with this.

Trade 2

Short    EBAY                     From  our watch list.

                                           We tried to short EBAY when it started listing from open.

                                            We were stopped out twice. We lost -.16 in total.But we only
                                           traded  1/3 size .We didn't want to give up all we made in trade 1.

                                            Money management!

Trade 3

Short   RIMM                 From our watch list.

                                       Entry   11.20/Stop 11.35
                                       Target  1       11.00         1/3  +.20
                                       Target  2       10.50         Never hit. Covered  1/3  +.30
                                       Target  3       10.25       

                                       Nearing EOD we covered 1/3  within seconds to close for+.46

                                       Tremendous trade. After hours RIMM dropped to .56!

                                       risk/Return    .15/.46   =300%