TRADE of the week
Symbol: TWC
Entry date: 05/18/2010
Exit date: 05/20/2010
TRADING PLAN
Entry price: 51.95
Stop price: 52.50
Target area: open
Entry chart
RESULT
Exit price: 49.75
Result (%): 4.23
Result ($): 2.20
Risk/reward: 4.00
NOTE: pay attention on risk/reward result. For my style that is most important because one trade like TWC will cover several negative trades and with proper risk management that is for sure right way to be SUCCESSFUL trader. Sometime with 1% gain we will have more positive results then with much more%. Of course that include other things to be PROFITABLE what can learn with me. Explanations about my style and how to learn it can find can find on my site or can contact me for any questions.
Exit chart
Symbol: TWC
Entry date: 05/18/2010
Exit date: 05/20/2010
TRADING PLAN
Entry price: 51.95
Stop price: 52.50
Target area: open
Entry chart
RESULT
Exit price: 49.75
Result (%): 4.23
Result ($): 2.20
Risk/reward: 4.00
NOTE: pay attention on risk/reward result. For my style that is most important because one trade like TWC will cover several negative trades and with proper risk management that is for sure right way to be SUCCESSFUL trader. Sometime with 1% gain we will have more positive results then with much more%. Of course that include other things to be PROFITABLE what can learn with me. Explanations about my style and how to learn it can find can find on my site or can contact me for any questions.
Exit chart
if you don’t understand trade or need more explanation feel free to contact me and I will give additional explanation.Ivica Juracic
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