Tuesday, November 30, 2010

My first trade in a few months....

I just made my first trade in a few months. I'm day trading the RIMM Dec 3 62.50 Call Options. I bought 6 contracts after RIMM broke to new intraday highs above $62.60. So far the trade is working out fine. I'm using the 1 minute chart of RIMM to time my entries and exits. If RIMM comes in I will take a flat on this trade otherwise I will exit when RIMM breaks the uptrend on the 1 minute chart for a profit.

Good luck and good trading!

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