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.



No comments:
Post a Comment