Thursday, April 25, 2013

Trades fro 25th April, 2013

Trade 1




Short  ABC                  From our watch list.

                                    First entry   55.35/Stop 55.45

                                   We got stopped -.12

                                   Second entry     54.37/Stop 54.45

                                   Target   1          54.20               1/2 + .17
                                   Target   2          54.00               1/2 + .37

                                   Eventually it dropped another .75 !!

                                   risk/Return    =  .07/.37  = 500%

Trade 2





















Short  AKAM            From our watch list.

                                  Short 42/35/Stop 42.45            We were stopped -.12

                            
 Long   AKAM          Entry   42.54/Stop 42.45

                                  Target  1          42.75          1/2  + .21
                                  Target  2          42.98          1/4  +. 07
                                  We got stopped out rest  to  B/E.

                                risk/Return  = .10/ .16  =  160%

                                 AKAM later moved to  43.50

Trade 3


     

















Long   DAN               From our watch list.

                                 Entry  16.87/Stop 16.83

                                 Target  1           17.00         Never hit   .1/2 +.03
                                 We covered rest   at 16.85         -.02

                                We just broke even on this trade.

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