Note on setting daily goals: Better to trade with the market rather than setting daily goals. I am finding that on sideways days and days that I really don't like the market activity, it's best to just stay put (there's nothing wrong with sitting out and waiting for better opportunities.....cash is always good and hasty goal induced decisions/losses are not!)

Tuesday, January 25, 2011

Trades for 1/17/2011 - 1/21/2011

Did not day trade this week due to death in the family (one of the advantages of day trading is that you can set your own hours and trade around life).

However, I did take the opportunity on the recent fins selloffs to buy both C and V for longer term swing trades.  Sell targets:

V bot $69.50/60 target $72
C bot $4.85 target $5.25