I played COST on the short side today in our trading room, made some decent gains.
entry: 81.54
stop: 81.61 …7 cent risk
Target: 81.17 …37 cent profit
Time in the trade: 12 mins
it was a 5:1 risk trade which I would have taken any time of the day.
Below is the charts of COST and QQQ, breakdown couldn’t have been timed better :). my entry and exits are from my broker’s trading platform.
I managed to tweet the entry and exit out too. Pretty painless trade.
Follow me on twitter @dchsn6
dchsn6
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