Perfect Storm Trades for 7/24/2014

Jea Yu

Perfect Storm Trades for 7/24/2014

By Jea Yu — Author

Hi All,

Choppy morning for us. We got stopped on QCOM so many times as the algos played us like a fiddle. QCOM stopped us out 4 times this morning on our LONG at 76.19, STOPPED 75.90, out - .29. SHORT QCOM at 75.79, STOPPED at 75.96, out - .16. LONG QCOM at 76.05, STOPPED at 75.85, out - .20 and SHORT QCOM at 75.80 to stop out at 76.02, out - .22. We were able to catch a good bottom on FB with the heaviest size as we hit FB LONG at 74.87avg to scale out 75.20, 75.31 and 75.41, out + .33, + .44 and + .54. We hit UA LONG at 67.45 to scale out 67.84, 67.75 and 67.73, out + .41, + .33 and + .31. Closed out the morning with + $264 profits.

Posted to Morning Profit Maker on Jul 24, 2014 — 12:07 PM

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Jea Yu