Friday, January 26, 2007

Day Trade: Long TRMB 30-min chart

Entry @ $55.59 / 700 ***late posting***

Entry : $55.59

Size : 700

Exit : $56.88

Stop Loss : $54.80

Risk : 0.79

P/L : $903.00

R : 1.63


mde said...

This is one of the best real time trading blogs I have seen. Thanks for posting your reasoning on your trades. It is helping me to understand trading

Anonymous said...

Hi. I just discovered your site and I love the work you do here. I was wondering, how can i know when you post your real time day trades. i'd like to get those as soon as you send them out. I'd like to able to see the setups that you are looking at. thank you very much.

Anonymous said...

Hi. I noticed that you like to trade 700 shares on every trade. Is there a reason why you choce 700 shares everytime? Thanks.


mc said...

I tend to risk $700 /per trade or up to max of 700 shares/position. This is to limit the capital that I use on each trade because I tend to trade expensive stocks.

Anonymous said...

Hi MDE. You are a true master of day trading. I was wondering if you could share with us your trading rules/plans? thanks!