Stock Trading Pick: 08-18-03
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August 2003 Trades      
Day Trading It Stock Pick for August 18, 2003
Stock Trading

* Our trade results in profits of up to+ $1.68 in 6 days!

Date Stock Position Entry Current Stop Max P/L
08-18 Long 12.00

12.71

just below 12.00 up to + 80 cents per share


TOY set up Monday when it traded above 11.94 @ 12.00. It traded as high as 12.80 reaching our first target of 12.12 to 12.24 (always sell at least 1/2 of your shares once your risk is covered, then move your stop to your entrance price to lock in gains) resulting in profits of up to + 80 cents per share in one day!


Date Stock Position Entry Current Stop Max P/L
08-19 Long 12.00

13.08

just below 12.75 up to + $1.14 per share


Traders holding overnight into Tuesday were advised to keep your stops just below 12.00 to lock in gains and the stock traded as high as 13.14 resulting in profits of up to + $1.14 per share.


Date Stock Position Entry Current Stop Max P/L
08-20 Long 12.00

13.10

just below 12.86 up to + $1.14 per share


Traders holding overnight into Wednesday were advised to keep your stops just below 12.75 to lock in gains and the stock traded in a range between 12.86 and 13.16.


Date Stock Position Entry Current Stop Max P/L
08-21 Long 12.00

13.61

just below 13.00 up to + $1.68 per share


Traders holding overnight into Thursday were advised to keep your stops just below 12.86 to lock in gains and the stock traded as high as 13.68 resulting in profits of up to + $1.68 per share.


Date Stock Position Entry Current Stop Max P/L
08-22 Long 12.00

13.25

just below 13.14 up to + $1.68 per share


Traders holding overnight into Friday were advised to keep your stops just below 13.00 to lock in gains and the stock traded in a range between 13.14 and 13.66.


Date Stock Position Entry Current Stop Max P/L
08-25 Long 12.00

13.15

closed up to + $1.68 per share


Traders holding overnight into Monday were advised to keep your stops just below 13.14 to lock in gains and the stock hit this stop Monday closing the trade for profits of up to + $1.68 per share.

Final Chart showing the six day trade:


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