MOJO Swing Trades - 11/4 - IRIX & LIOX Profit Time

Published: Mon, 11/04/13

Monday November 4, 2013

Hi MOJO Swing Trader,

The new picks and the watch list is pretty awesome today. If you followed the game plan on the stocks you liked then you are doing well.

Watch List New Picks Second:

IRIX = SELLING HERE $8.20 & HIGHER - SIT ON THE ASK (SEE IMAGE)

long at $7.85 & 1,000 at $7.95 - last price $8.20 - high of day $8.24

due to the fact the stock is up so much on Friday ($1.47) I am not adding as a new pick. This is because the stock will be too volatile and the drops will be severe and the rise back just as fast. We would get stopped out too quickly. However, if this approaches the high of the day Friday and goes through $7.80 it may dip one time then surge to $8.00 and go to $9.00 or even $10.00. If this stock touches $7.85 MOJO has triggered a buy 1,000 shares an and another buy at $7.95 - to ride 2,000 shares a lot higher.

LIOX = long 2,000 at $4.90 - last price $5.20 - high of day $5.20 SELLING HERE $5.19 & $5.20 (SEE IMAGE)

stock closed Friday on 1.3 million versus 291K - if goes above the high of $4.80 - play it to $5.25 easy (Maximize Sell Half there and raise trail stop for other half until it reverses)

P.S. RAD is doing real nice today - shakka lakka

Thanks for reading, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

DISCLAIMER: MOJO Day Trading, or any of its employees, contractors, or shareholders or affiliates are NOT an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on the Company's website are for educational purposes only. Such picks, alerts, set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Copyright (c) MOJO Day Trading, LLC. 2012-2013 All Rights Reserved. No part of this newsletter, video, website or any of its contents may be reproduced, copied, modified or adapted, without the prior written consent of the author, unless otherwise indicated for stand-alone materials.