STZ Trade on Jul 13, 2012 09:39 from ckz8780: Tradervue User Stock Trades.

WIN

Setup: Daily flag break (continuation)
Entry: $28.93
Shares: 400
Stop: $28.79
T1: $29.21
T2: $29.50
Reward:Risk Ratio (T1): 2:1
Exit: $29.31/$29.37
Profit/(Loss) With Commission: $157.32
Details: Flag break on the daily. The major issue I see with this trade is that the real flag break was actually the day before. this was not a bad trade but it was much lower probability than if I had gotten on the day before. This is why I went in with small share size and a tight stop. It should be noted though that this is not a good habit to develop - stick to strong setups and don't reduce share size/stop width to compensate for a crappy setup!

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-07-13 09:39:32	STZ	buy	$28.930	long
2012-07-13 10:06:52	STZ	sell	$29.316	long
2012-07-13 10:50:21	STZ	buy	$29.370	long
2012-07-13 11:53:49	STZ	sell	$29.370	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=STZ&trade=194900&end=20120812&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=STZ&trade=194900&end=20120713133849&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=STZ&trade=194900&end=20120713115349&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

STZ Trade on Jul 13, 2012 09:39 from ckz8780: Tradervue User Stock Trades.

WIN

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