Trades for 1st March,2013
Trade 1
Short VVUS Form our watch list.
Entry 11.47/Stop 11.52
Target 1 11.37 1/2 +.10
Target 2 11.20 1/4 +.27
We lowered stop to 11.33 and waited . more for +.27. and we we were
finally stopped out at .33 for +.12
This was an incredible trade.
risk/Return .05/.27 = 540%
Trade 2
Short APOL From our watch list.
Entry 11.79/Stop 11.87
We were stopped out -..08
Second entry 11.87/Stop 11.95
Target 1 11. 66 1/2 +.21
Target 2 11. 50 Never hit. We covered 1/2 +..24
risk/return .08/.225 =320%
See how we reentered the trade and not only made back our lose
But closed the trade green!
This is where your trade management skills come into play.
Sunday, March 3, 2013
Trades for 28th February,2013
Trade 1
Short PKT From morning gaps.
Entry 11.99/Stop 12.02
PKT was a low volume stock,But gapped down big today. We missed the
early entry and waited for a secondary entry,which we took.
We were stopped out .Reentered at 11.99 again with same stop but we got out
as it was just basing without any real movement. Later it dropped 11.60.
Our target was 11.50
Trade 2
Short DLTR From our watch list.
Entry 45.65/Stop 45.75
DLTR collapsed very fast after entry.
Target 1 45. 50 1/2 +.15
Target 2 45.25 1/4 +.30
Target 3 45.00 1/4 +..45
DLTR dropped to 45.01 in a flash and bounced. It was too fast for
us to have exited.
Nevertheless it was a tremendous trade at the end.
risk/Return .10/.45 =450%
Trade 1
Short PKT From morning gaps.
Entry 11.99/Stop 12.02
PKT was a low volume stock,But gapped down big today. We missed the
early entry and waited for a secondary entry,which we took.
We were stopped out .Reentered at 11.99 again with same stop but we got out
as it was just basing without any real movement. Later it dropped 11.60.
Our target was 11.50
Trade 2
Short DLTR From our watch list.
Entry 45.65/Stop 45.75
DLTR collapsed very fast after entry.
Target 1 45. 50 1/2 +.15
Target 2 45.25 1/4 +.30
Target 3 45.00 1/4 +..45
DLTR dropped to 45.01 in a flash and bounced. It was too fast for
us to have exited.
Nevertheless it was a tremendous trade at the end.
risk/Return .10/.45 =450%
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