APA Trade on Apr 16, 2013 12:40 from Timpalmer13: Tradervue User Stock Trades.

mistake here was getting to big without confirmation- had to let it hold below 71.40 before i was justified having 3 lots. stock not really in play either- so need to be even more careful.
however- the bigger picture this stock was very weak so gave me more confidence.

also need to note the pretty strong upmove indicating this could be a change of trend- even more reason to wait for confirmation and a hold below 40 cents.

particularly the 2nd entry. I got a little to wreckless although I thoguht it was going to roll and I didnt want to build a position below 40 cents and give it 20 cents of risk which was the real out. however- i still gave it 20 cents in retrospect- needed to think about the probabilities- not just RR. with the amount of buying that happened at 40 cents the real trade was to wait for a hold below and give it above 50 cents.