ZU Trade on Feb 25, 2014 11:58 from Spartan_Trader: Tradervue User Stock Trades.

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Spartan_Trader

 

This stock was brought to my attention through Kunal via the Chat-room. Pulled up the chart, saw that it was basing on low volume, candles had tight range. Volume began to pick up, popped above the 9ema. Got in.
Place stop @ 58.70 (.20c risk)
Did not scale out according to my rules because Maribeth has said that when trading a small account, whenever you are up $100/$200 sell the whole position and begin looking for other setups. Small gains add up quickly. that's what I did. Sold the whole position instead of scaling out.
$160 Profit
Reward-to-Risk = 8:1


Execution detail:

Date/time Symbol Side Price Position
2014-02-25 11:58:54 ZU buy $58.900 long
2014-02-25 12:04:19 ZU sell $60.500 0

Comments

Gravatar BenRodts_BOWS
February 25, 2014

Damn. Nicely done. I hit this one earlier in the day. I should have kept it on my radar.

Gravatar mirko_BOWS
February 26, 2014

Great trade man, well done!

Gravatar Spartan_Trader
February 27, 2014

Thanks Mirko! =)

Gravatar Spartan_Trader
March 10, 2014

Thanks BenRodts

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