Trade 1
Short SCCO From our watch list.
Entry 40.12/Stop 40.26
This trade was very fast early morning.
SCCO quickly dropped . We took 1/2 + for +.23,1/4+.42,1/4 +.22
For these trades you have to have your platform set up for Hot Keys for fast
executions. There is noway you could manually enter a trade at that speed.
Second entry Short 40.03/Stop 40.15
Target 1 39.80 1/2 +.23
Target 2 39.50 1/4 +.28
1/4 +.50
risk/Return .12/.50 =416%
Trade 2
Short ASML From our watch list.
Entry 75.00/Stop 75.35
We had two great trades in the morning. We wanted to hold on
to our maximum gain while taking another chance.So we took only a small
position in this trade allowing for the wider stop.
Target 1 74.00 Never hit.
Target 2 73.00 of course never hit. We were stopped out
for -.35!.
This is where your money management come into play. Since we risked very little
in this trade, we still walked away with bulk of the money we made today.
