Wednesday, January 31, 2007

Day Trade: Long GOOG 30-min chart

Entry @ $498.15 / 200
Exit @ $103.79 ***update 10:51am*** ***edit 11:38pm***
Exit @ $503.79 ***update 11:39pm***




Entry : $498.15




Size : 200




Exit : $503.79




Stop Loss : $496.00




Risk : 2.15




P/L : $1,128.00




R : 2.62
Another base breakout trade. As always when I trade breakouts, I sold the position when it started to chop as it approched a minor resistance.

2 comments:

Anonymous said...

Here's hoping you meant $503 on that exit!

MC said...

Thanks Richard!!! I meant $503 on that one. Today was just a mad dash for me.