AAL Trade on Apr 28, 2015 12:15 from tee: Tradervue User Stock Trades.

Day Chart: strong off earnings 2 days ago, rebounded of the 50ma and starting to go R2G.

Buy: bought the remount of the 9. technically a better entry was 5 mins and $0.05 ago which was the break of the flag and 1st close over the 9. All airlines acting similar and this one was the best performer 3 days ago when they all ran.

Order:
20 (flat)
price
9 (rising)
VWAP
stochastics - positive

Sell: 9 kept supporting during this run. it got breached for 15 mins but never closed below it. I was raising my stops and eventually the 20 gave out. I added $0.05 cushion which was still above my buy price.

Lesson: distinguish when to look for a sell price (short-term top) vs when to let a stock ride out. This was a 12noon flag, I knew the odds were low for a higher breakout. All buy signals were good though so this was a 50/50 trade for me. If the odds were weak for a breakout, try aiming for the highest sell price I might be presented with and get out vs waiting for a trailing stop. Look at your charts, the buy and sell end up being too close together.