Wednesday, June 18, 2008

Trades for 6-18-08

I had a good day today, and it would have been better had I continued (would have made an extra 3.09% had I kept trading for real!) trading for real, but I decided to paper-trade the rest of the day so I could test a way of finding picks.

I had 2 real trades, of which 1 was long, 1 was short, and both were gains. The total of the day was (+1.68%), or (+$488.78). Trades were:

CHK – Long (+.71%) (+$205.70):

FHN – Short (+.97%) (+$283.04): My gut said $7.56, or even $7.41 is where it would head to, got out $7.61 because it was the technical level

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