Day Trading Forex, Index Futures, Commodity Futures & Equities
Monday, July 12, 2010
$RIMM Sell Short
$RIMM gapped down om June 25th and has been trending lower since March. I will sell short below 52.40 with a price target of 47.42 and a stop loss above 54.14 . This trade will provide a potential reward of 4.98 for a risk of 1.75 .
I have been day trading my own account since 2002. Previous to that I have worked for many Wall Street firms providing investment advice and investment banking for small start up companies. I am currently working with a private equity firm providing small business owners with alternative funding to grow their business.
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