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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 1/24/2011 - 1/28/2011

Trades for 1/25/2011:  $564.00 profits
Traded with the YAKGROUP

Bot 1000 shares of TLAB @ 5.68 and sold @ $5.66 for a $20 loss. 
Bot 1000 shares of MNTA @ 13.49 and sold @ $13.83 for a $340 gain.
Sold 100 shares of V bought last week for a swing trade for a $244 gain.

Trades for 1/27/2011: -189.49
Bad prediction.  Would have never guessed Netflix would come out with good fins with such old movies.

Sold short 100 Shares of NFLX @ $209.32 and covered @ $211.21 for a $189.49 loss

Trades for 1/28/2011:  $116.45 profits
Betting against AMZN fins and lost.  However, made up in V short

Sold Short 75 Shares of AMZN @ 170.74 covered @ $171.35 for a $68.60 loss
Sold Short 100 shares of V @ $72.55 covered @ $70.70 for a $185.25 gain