Friday, July 11, 2008

Trades for 7-11-08, and weekly total

I FINALLY made my goals this week due to my trade on FRE :).

My weekly total (7-7-08 to 7-11-08) is (+3.07%) or (+$872.19)!


Today I had 6 trades, of which 2 were longs, and 4 were shorts, with 3 losses, and 3 gains. The total of the day was (+3.64%), or (+$1060.21). Trades were:

AN – Short (+1.49%) (+$433.89): Original stop gain was 1.14%, it didn't look too good for a trailing stop


SBUX – Short (+.51%) (+$149.04): I should have gone with my original stop gain of $13.71 (+1.30%)


SNDK – Short (-.75%) (-$219.23):


PPL – Long (-.20%) (-$59.63): Stochastic trade.


TEVA – Short (-.38%) (-$111.15): Stopped out, market is rebounding because of FRE news


FRE – Long (+2.97%) (+$867.29): Played the news that we herd on CNBC

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