PAPER TRADE (LOSS)

• Setup: -------------------------------------------------------------------- Earnings Breakout
• Entry: --------------------------------------------------------------------- $9.78
• Shares: ------------------------------------------------------------------- 500
• Stop: ---------------------------------------------------------------------- $9.69
• T1: ------------------------------------------------------------------------- $10.00
• T2: ------------------------------------------------------------------------- $10.25
• Reward:Risk Ratio (T1): -------------------------------------------- 2.44:1
• Exit: ----------------------------------------------------------------------- $9.68

• Profit/(Loss) With Commission: -------------------------------- ($63.00)

• Details:
  Earnings breakout, 500 shares. Bought a small lot on the breakout of $9.77 on the daily. This was also an earnings play. I gave it a 9 cent stop and a target of 10 bucks, but the breakout failed and I stopped out. I probably should have taken the hint that the volume died off after the first tap of $9.78 and hesitated a bit more before buying.