Thursday, July 10, 2008

Trades for 7-9-08

Today I had 4 trades, of which 1 was a long, and 3 were shorts, with 2 losses, and 2 gains. The total of the day was (+.42%), or (+$121.37). Trades were:

PTV – Long (-.20%) (-$59.32): Stochastic trade


CSCO – Short (+.44%) (+$127.36): Non- Stochastic trade. Stock already had a big run and is was for a pullback, but I should have done a trailing stop because it would have made more money


CVS – Short (-.19%) (-$56.21): Stochastic trade


NVLS – Short (+.37%) (+$109.53): Stochastic trade. Should have ran a trailing stop, it would have made a lot more money (Cover @ about $19.93)

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