Sunday, February 24, 2013


Trades for 20th February,2013

Trade 1





















Short SPLS               From our watch list.

                                 Entry 1    14.46/Stop 14.55
                                 Entry 2    13.78/Stop 13.82

                                 We took in  SPLS for more than   +.80  all together.

                                 risk/Return    .07/40      =570%

Trade 2



    

















Short  CCL             From our watch list.

                               We  entered the trade half way down .

                               Entry  35.99/Stop 36.08

                              We scalped  CCL for +.14

                              risk/Return   =  .09/.14   =155%

Trade 3

    


















Short  RAX                       From our watch list.

                                          This was a big gainer for  us a few days ago. So we have been
                                           watching RAX .

                                        Entry  56.15/Stop 56.30

                                        Target  1    56.00                1/2 +.14
                                        Target  2    55.50                1/4 +.55
                                        Target  3    55.00                We were stopped out for+.45

                                        risk/Return        .15/.55   =366%

                                        Entry 2    55.76/Stop 55.85

                                        Target   1   55.60               1/2 +.14
                                        Target   2   55.25               1/4 +.38
                                        Target   3   55.00              more  +.78
                                         Stopped out rest                        +.86

                                         risk/Return           .09/.86   =955%

                                         See this trade. Amazing risk/Return!

                                         This is how a trade really should look like.

Missed trades



                 

















CLF dropped more than a $1 from our potential entry.





















Another biggie that dropped  more than a $1.!!

 We could 'nt get into  either of them. Why? NO shares were available for shorting!!

Yet we ended up pretty big for the day.

Our bucket was full.  And we walked away happy.

                                           

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