Saturday, February 2, 2013

Trades for 29 th January ,2013

Trade 1




































Short EMC            From our wach list.

                             Entry 23.60/Stop 23.75

                             This was a very fast early moning trade . We were all out  for +.45

                            risk/Return    .45/.15 =  300%

                            Early morning trades require absolute focus and fast  action. Entire trade lasted
                            a few minutes.

Trade2





















Short VMW                    From our watch list.

                                       Entry  78.50/Stop 78.60

                                       Target 1    78.30                       1/2 +.20
                                       Target 2    78.00                       we were stopped out  1/2 -.10

                                       Net gain  +.10
                               
                                       risk/Return       .10/.10   =100%

                                       We had a great trade  in the morning .And we wanted to hold onto our gains.We
                                       traded only a small postion in VMW.







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