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TRADE of the week

TRADE of the week

 

Symbol: ABV

 

 

Entry date:  06/14/2010                                              

Exit date: 06/16/2010

 

TRADING PLAN

                        

Entry price: 101.50                                                       

Stop price: 100.35                                                            

Target area: 105                                               

 

Entry chart

 

 

 

 

RESULT

 

Exit price: 104.95

Result (%): 3.40

Result ($):  3.45                                                                        

Risk/reward: 3.00

 

 

NOTE: pay attention on risk/reward result. For my style that is most important because one trade like ABV 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

 

www.xpertstocktrader.com