Trades fro 17th April,2013

Trade 1

Short SWN             From our watch list.

                               Entry  36.15/Stop 36.31 

                               We got stopped out for  -.15 right away.

                              Reentry    36.14/Stop 36.25

                              Target    1  36.00               1/2 + .14
                              Target    2  35.90               1/4 + .25
                              Target    3  35.50              We got out all for   +.54
    
                              Later it dropped to 35.25

                             risk/Return    =  .09/.54  =  600%

                             Even though we took an initial hit in our entry    we reentered the trade and walked away
                             with a huge green trade!.
    
                             Can you reenter the same trade once you get stopped out?

Trade 2

Short  TXT                From our watch list.

                                 Entry   25.98/Stop 26.10

                                 Target 1         25.50                  It dropped fast       1/2 + .64!
                                 Target 2         25.00                  We added more at .74 
                                                                                   Final exit       all for + .48

                                 risk/Return  = .12/ .64    = 533%