Wednesday, August 22, 2012

3:15PM AAPL, Short Stock

Entry

Shorted AAPL common stock @ 668.05


Stop loss

Will cover if closes above 672.50 for 5 consecutive minutes

Plan

4 bucks risk for 20 bucks potential

This is a much safer trade and higher probability than the lottery tickets trade because there's no expiration date for stock. This is a swing trade
 
-Red Apple