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.