PAPER TRADE (WIN)

• Setup: -------------------------------------------------------------------- Intraday Breakdown
• Entry: --------------------------------------------------------------------- $3.55
• Shares: ------------------------------------------------------------------- 1000
• Stop: ---------------------------------------------------------------------- $3.60
• T1: ------------------------------------------------------------------------- $3.45
• T2: ------------------------------------------------------------------------- $3.30
• Reward:Risk Ratio (T1): -------------------------------------------- 2:1
• Exit: ----------------------------------------------------------------------- $3.50

• Profit/(Loss) With Commission: -------------------------------- $37.00

• Details:
  Short sale, intraday breakdown, 1000 shares. First of all, this trade was a mistake. I noticed while watching the intraday chart (5 min) that the stock was breaking down. I shorted it before even looking at the daily chart. Within the next few minutes I decided to cover since there was no daily setup. I got lucky to be able to cover without a loss, but this trade was definitely not a good one. See charts (note there is no daily setup or any other setup besides this weak intraday one):

  http://i1155.photobucket.com/albums/p560/ckz8780/ac8e72c2.png