A Quick Trade

By Mark on March 19, 2008 12:03 PM | 0 Comments
I just bought 10 contracts of the April 43 puts on the Q's at a price of $1.25 (QQQPQ.) My indicators just went negative and I want to take advantage of a quick day trade. I may hold till the open tomorrow, but I'm thinking I maybe out in the next couple of hours or so.

My stop is at $1.10 and I'm looking for about $1.30-1.40 on the upside for this trade.

Categories:




Leave a comment

Recent Entries

Taking My Profits On Nice Breakdown
Yesterday my trade was looking terrible and at one point I was down over 50% on the trade. Well today…
By Mark | Comments (0)
Trying the Puts Again
I had some fairly good timing on yesterday's trade. Well the market turned up right after I took my profits…
By Mark | Comments (0)
Took My Profits
I decided to take my profits on my trade today at the 25% level. Not bad for a single day.…
By Mark | Comments (0)

Categories

Monthly Archives

Tag Cloud

Twitter Updates