Trades for 28th January,2013

Trade 1

Short  SCCO               From our watch list.

                                    Entry  40.12/Stop 40.26

                                    This trade was  very fast early morning.

                                    SCCO quickly dropped   . We took 1/2 + for  +.23,1/4+.42,1/4 +.22

                                   For these trades you have to have your  platform set up  for Hot Keys for fast
                                   executions. There is noway you could manually enter a trade at that speed.

                                  Second entry   Short 40.03/Stop 40.15

                                                         Target 1   39.80           1/2 +.23
                                                         Target 2   39.50           1/4 +.28
                                                                                             1/4 +.50

                                  risk/Return       .12/.50     =416%


Trade 2

    


















Short ASML              From our watch list.

                                  Entry  75.00/Stop 75.35

                                  We had two great trades in the morning. We wanted to hold on  
                                  to  our maximum gain while taking another chance.So we took only a small
                                  position in this trade allowing for the wider stop.

                                  Target  1        74.00            Never hit.
                                  Target  2        73.00            of course never hit.  We were stopped out
                                                                            for -.35!.   

                                  This is where your money management come into play. Since we risked very little
                                  in this trade, we still walked away with bulk of the money we made today.

Trades for 25th January,2013

Trade 1

Short    PG               From our watch list.

                                Entry 73.12  /Stop 73.27

                                Target  1     73.00                  1/3 +.12

                                Target  2     72.80                  1/3 +.32

                                Target  3     73.50                  Covered more  +.26 and we were stopped out at 73.03
                                                                              for +.09.

                                risk/Return      +.15/.32          = 213%

Trades for 14th January,2013

Trade 1

 

Long   CRUS                   From our watch list.

 

                                     Entry  29.85/Stop 29.75

                                     Target   1           30.00                         1/2 +.20!!!

                                     Target   2           30.20                         1/4 +.35

                                     We moved stop to   30.10                     1/4 +.25

                        

                                     risk/Return        .10/.35    = 350%

                                    But the real trade was a short. It dropped nearly $2  from the high of day.

Trade  2

 

 

Short      JCP                            From our watch list.

                                                Entry 17.85/Stop 17.90

                                                Target      17.60                We covered all for   +.14

                                                 risk/Return      -.05/.14      = 480%

                                                Second entry  17.75/Stop 17.85

                                                Target     1   17.50                       1/2 +.20

                                                Target     2   17.00                       1/4 +.35

                                                We lowered  stop to  17.70           1/4 +.05

                                                risk/Return   .10/.35  =350%

Long      JCP                             Third entry    17.73/Stop 17.66

                                                Target          18.00                       1/2 +.10

                                                Moved stop to  .70                        1/2 –.03

                                                 risk/Return            +.07/+.10        =  142%

                                                Fourth entry   17.73/Stop 17.65

                                                Target  1           18.00                     1/2  +.10     /1/4 +.20

                                                Target   2          18.20                     more   +.40/+.54/+.65   Then we covered all for +.45 at EOD!!!!

                                                risk/Return       .08/.65        =    800%  !

                                                

                                                 We took   4 trades off of JCP .We shorted JCP twice and went long JCP twice.

                                                And that was all we did today. Another gainful day at the river. Cannot ask for more. Control predictable

                                                pattern.

Trades for 11th January,2013

 

Trade   1                                        Only one!!!

Long     CLF                      Last night we had computer problems. So we could not post our usual watch list.

                                        I caught this in the morning  at open  with the corner of my eye.

                                        This was a very fast one minute trade. We only managed to just call out the trade as we entered it.

                                         Entry    35.75/Stop 35.64

                                        Target   1          36.00                       1/2 +.24

                                        Target   2          36.20                       1/4 +.45

                                        Target   3          36.50                        Never  hit.   We covered 1/4 + .25 

                                       risk/Return        .11/.45            =400%

                                       This whole trade took only     6 minutes.

                                       You  have to use  hot keys to trade these. So the mastery of your  platform is crucial.

Trades for 10th January,2013

Trade 1                                                     Only   one!!

 

Short  MCP                      From our watch list.

                                        Entry  8.98/Stop 9.05

                                       Target    1          8.80                   1/4 +.18

                                        Target   2          8.50                   1/4 + .48

                                        Target   3          8.00                   1/4  +.88

                                        risk/ Return                    .07/ .88          1257%!!!!!!!!!!!!

                                        Cannot ask for more.

                                        When you are this  up  within hours and well over target it is time to call it a day.

Trades for 9th January 2013

Trade 1

 

Long VZ                            From our watch list.

                                        Entry    42.86/Stop 42.75

                                        Target     1   43.00                              1/2 +.14

                                        Target     2   43.20                              1/4 +.14

                                        Stop moved to   .86  B / E.  .95  then to .03   Covered more for +.30

                                        We were stopped out last for +.17

                                       risk/Return       .11/.30    =272%

 

Trade 2

 

 

Short APOL                      From our watch list .

                                        Entry  19 .98/Stop 19 .20

                                        We were stopped out  for –.18.

                                        Remember we  were up from our VZ trade. In this trade we changed our share size.

                                       Second entry     19.16/Stop 16.28

                                       Target  1            19.00                          1/2 +.20 !

                                       Target  2            18.80                          1/4  +.35

                                       Moved  stop to .03                                1/4 +.16

                                       Net gain +.27!!

 

                                       risk/Return         .22/.35          =160%

                                       Lesson : See how we recovered from a lose by re-entering the trade!                              

 

Trade 3

 

Short    ROST                       From our watch list.

                                           Entry  .98/Stop .15

                                          Target  1     58 .75                    1/2     +.18

                                          Target  2     58 .50                  Never hit. Covered 1/2 +.20

                                          risk/Return       .17/.20    = 117%

Trades for 3rd January,2013

Trade 1


Short   GPS                                From our watch list.
                                                  Entry  32.66/ Stop 32.80
                                                  Target  1          32.50                1/2  +.12
                                                  Target  2          32.40                1/4  +.26
                                                  Target  3          32.30                1/4  +.36
                                                  risk/Return         .14/ .36  =257%
                                                  This whole trade took only 5 minutes.  So we were happy with the early morning gain.
                                                  But   GPS dropped another  $1  after we got out.  If we held this would’ve been  the only
                                                  trade we would take.(reason : It is so much money  so fast.)

Trade 2


Short  ALLT                                     Added to our watch list in the morning.
                                                      ALLT is an obscure stock that we would not normally trade due to reasons that we teach
                                                      in our course. But this presented an opportunity.
                                                      Entry   14.30/Stop 14.50
                                                     Target  1  14.00                 1/2   +.30
                                                     We quickly lowered our stop to  14.30
                                                     Target 2    13.50                 Never hit. We were stopped out 1/2 to B/E.

                                                     risk/Return         .20/.30      =  150%

Trade 3

 Long GPS                                     Entry  31.40/ Stop 31.11
                                                      Target  1       31.60               1/2 +.18
                                                      Target  2       31.70               1/4 +.30

                                                      See where we exited. Exactly  where it turned down
                                                      We quickly moved our stop to 31.50    Stopped out 1/4  +.10

                                                     We made quick gains. But GPS continued  up another $1 !!!
                                                 

                                                     risk/ Return     .29/.30     = 100%



Trade 4




Long   GNC                                   GNC dropped all day long .And we didn’t see it till late.
                                                      So how do we make money out of that?

                                                       Entry   31.18/Stop 31.10

                                                      Target   1   31.30       We got  31.47     All out for  +.29

                                                       risk/ Return    .08/.29   =360%

Trades for 2nd January,2012


                                Well, today was  certainly a different day. The entire market gapped up on
                                FISCAL CLIFF NEWS!. So much so our watch list did not have any short
                                candidates. NONE.

                                But did  it matter? BULLS or BEARS ....bring it on.

                                We still found a couple of shorts and MADE MONEY !!     

Trade 1

Short   GE               From our watch list.

                              

                             Entry  22.39/Stop 22.49

                             Target 1   22.29                       1/2  +.10
                             Target 2   22.19                       1/4  +.19
                             Target 3   22.00                      Never hit . We covered 1/4 for +.14 EOD.


                             risk/Return              .10/.19        190%

                        
Trade 2 

Short   TIBX                Morning add on.

                                    Entry   22.20/ Stop 22.25

                                    Target 1   22.10                      1/2 +.10
                                    Target 2   22.00                      Never hit  .Covered 1/2  for +.10 again.

                                   risk/Return        .05/.10    200%


                                 We did not want to take  big share positions today.
                                 Reasons: Huge gap up  in the morning could have gone either way.
                                 Also we were coming from a  good  two week vacation.
                                 Thirdly,today was the first trading day of the year. We wanted to finish the day
                                 green for psychological advantage.

                                 This is where risk management/money management and trade management
                                 all come in to play. We played defensively.Walked away with a little  bucket
                                 of water from the river.