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Old 10-30-2011, 09:30 AM   #22 (permalink)
bithead
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Join Date: May 2007
Location: Georgetown, Ontario, CANADA
Posts: 1,328
Trading for Rhian

I will donate 50% of the profits that I earn on my trade in Ross Stores, Inc.
Obviously, if this becomes a losing trade, then Rhian won't owe me half of my losses .

I bought when Ross was at $88.40.

As with any trade, you set target sell prices in advance. For this trade, I will sell half at $92.74, and the other half at $95.85. If everything goes according to plan, I estimate the net profit from this trade to be between $700 and $950. That would result in a donation to Rhian of between $350 and $475.

Follow along!
ROST: Summary for Ross Stores, Inc.- Yahoo! Finance

I'll provide updates here and on Twitter
bitheadturnedtrader (@mr_bithead) on Twitter

P.S. How the KaTG community inspired me to chase my dream:
http://www.keithandthegirl.com/forum...y-dream-16186/
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