KRFT Trade on Mar 25, 2015 10:29 from JonathanAnderson0: Tradervue User Stock Trades.

Absolutely love the setup presented to me today. KRFT was gapping up over 30% on the day to a merger with company, Heinz. At the open the stock slowly crept down and started forming a range, which then created a double bottom, I was looking to get long at the break of the top of the channel at 81.53 (My risk was .50 cents), with half size, and then look to add into strength with a convincing break over the 82 whole number. The stock continued to surge with the breakout, and there was no turning back. Once again, I am learning a huge lesson on my trading strategy. DO NOT SELL UNTIL THE STOCK GIVES YOU A REASON TO SELL. If the stock is holding trend, which it did all the way to 87.50, give holding the position. Although I believe to sell a partial into the first initial pop, to lock in some profit, but, the rest should be held until given a CLEAR reason to sell.