Apple Core

It’s been a little while since I posted a trade on Apple, so here’s one from Monday’s session:

It’s standard stuff from this core stock — a textbook entry then an exit when the momentum dried up and the price failed to reach the initial target. The trade lasted about six minutes, so that’s more than $100/minute profit if you like counting that stat. It’s a useless statistic of course, because it doesn’t count the pre-market homework and the waiting around for a trade to present itself. Even so, for a total of about three hour’s ‘work’, $800 isn’t bad, and that was just one of the day’s trades.