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.