Wednesday, November 28, 2007

My AAPL Stop

I've been asked by a few people what my thoughts are on my AAPL short. Of course, I wish I had covered when I had a 5 point gain. I entered short at $176.08 and it is currently at $179. My stop is set at $181.

6 comments:

Anonymous said...

you should have covered you aapl short aapl is going to 200+ by years end.

The Market Speculator said...

If it does, I'll be doing okay as I'll have got out around $181. Risk managment is a trader's best friend.

Anonymous said...

I agree i must admit you are brave to still stay short aapl after today, I am the same person who wrote aapl is going to 200+. Also aapl broke out today.

Jim said...

Hi MS,
i am new to your blog and new to investing in the market. i don't know where to begin to learn from your blog. i remember some post ago you mention about *price & volume* action. is there anyway you can link to to those post. i hope to learn how to analyze price and volume to pick entry/exit points.
thanks,
jt

Anonymous said...

If I where you I would have placed your stop at 178 becuase at 178 that was a breakout point.I am the same person who wrote aapl is going to 200+.

The Market Speculator said...

Jim,
At some point I'd like to organize my old posts. A good way to find what you want is to use the search bar at the top of the page. Also use the labels at the end of each post.