Tuesday, April 15, 2008

My Trades on 14 April 2008

Today was a very thin market, not much volume. I only up gross $27 today.
My best trade for today was JCI. I shorted it because last week, it has been downgraded. But my entry point was not good enough (32.31) and I could have entered the trade since (32.60) as I know about the news.
Short JCI on April 14, 2008

Another trade that I should have made money but I did not was RHT, I shorted it at 19.50 but it went against me once I entered the trade. I hold on that until I see the MACD turned a slightly bullish trend then I got out. The MACD was a little bit deceiving on this trend. I should have hold it a little bit longer and if I did, I would have made more than $100 today.
short RHT on April 14, 2008

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