Saturday, February 2, 2013

Trades for 1st February,2013

Trade 1






















Short  ENDP                 From our watch list.

                                      Entry 31.50/ Stop31.75

                                      We  tried ENDP 3 times and each time we got stopped out

                                      Our net was -.30.

                                     We just stopped trading for the day.




Trades for 30th January,2013

Trade 1





















Short  ARNA               From our watch list.

                                    Entry  8.16/Stop 8..25

                                    Target  1    8.00          Never hit. We finally covered for +.08 EOD.
                                    Target  2    7.80          ARNA never gave us a chance during regular hours
                                                                       and then hit 7.89 AH.

                                    This was painfully slow.And took the entire day.

Trade 2





















Short RIMM            From our watch list.


                                 Short  14.78/Stop 14.98

                                 Target    1          14.50           1/2 +.28
                                 Target    2          14.00           1/4 +.78
                                 Target    3          13.78           1/4 +.1.00

                                We missed  most of the run because we were in ARNA trade.
                        
                                Entry finally came in the afternoon.

                               risk/Return     .20/1.00     =500%



                       



    
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.