LMT Trade on May 15, 2013 11:39 from J2WS: Tradervue User Stock Trades.

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Trading Plan
+ Execution = Profit
Attempted to make new highs but failed

That bullet point sums it up. It feels great to see hard work pay off. It makes those countless hours spent charting after the market closes all worth it when you can find easy trades like this.

Still holding on to this one to see if it continues to have a chance to run. Here's the current analysis of this

trade

Update:
I closed out LMT today. It made a new high but couldn't sustain it. It had a pretty nice run but with the market turning LMT may be looking to retrace back into the slower moving average. I decided to get out now and wait for better levels to trade off of. At some point it will need to trade back into the MA's and perhaps re-test the 102.90 level. That could be an opportunity to get back in.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-05-15 11:39:22	LMT	buy	$102.869	long
2013-05-15 13:09:57	LMT	sell	$103.400	long
2013-05-16 15:26:49	LMT	sell	$104.041	long
2013-05-16 15:26:49	LMT	sell	$104.041	long
2013-05-22 11:29:09	LMT	sell	$107.272	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LMT&trade=456600&end=20130615&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LMT&trade=456600&end=20130615&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LMT&trade=456600&end=20130615&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LMT&trade=456600&end=20131013&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LMT Trade on May 15, 2013 11:39 from J2WS: Tradervue User Stock Trades.

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