Friday, May 3, 2013

Trading Tips for the Day - 3 May 2013

FKLI will open a few points higher.  For the first trade, one can attempt to Short 2-4 points above the opening price.  Try take 5-7 points profit and put a stop 5 points away.  You MUST close your position by the end of the trading day today as the uncertainty in the election results will create great volatility and unpredictable opening price on Monday.

Vote wisely, vote for a better future.  Happy Voting!

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