AFFY Trade on Apr 24, 2012 10:18 from ckz_paper: Tradervue User Stock Trades.

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ckz_paper

 

PAPER TRADE (WIN)

  • Setup: -------------------------------------------------------------------- Daily Range Break
  • Entry: --------------------------------------------------------------------- $12.18
  • Shares: ------------------------------------------------------------------- 500
  • Stop: ---------------------------------------------------------------------- $12.00
  • T1: ------------------------------------------------------------------------- $12.54
  • T2: ------------------------------------------------------------------------- $12.85
  • Reward:Risk Ratio (T1): -------------------------------------------- 2:1
  • Exit: ----------------------------------------------------------------------- $12.42, $12.53
  • Profit/(Loss) With Commission: -------------------------------- $128.00

  • Details:
    Range break, 500 shares. This was a great setup. I entered on the break of $12.14 but was a few cents too high. My stop of $12.00 gave me a nice cushion to start, but I quickly moved the stop to $12.14 (previous break spot) after it stabilized in the $12.20s. I sold off half at $12.42 to lock in profits and then trailed my stop up. I could have let this one run further but it was showing signs of weakness around $12.60 and I didn't want to be greedy. Overall, great trade.


Execution detail:

Date/time Symbol Side Price Position
2012-04-24 10:18:12 AFFY buy $12.180 long
2012-04-24 10:59:54 AFFY sell $12.420 long
2012-04-24 11:18:56 AFFY sell $12.530 0


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