Friday, February 22, 2008

Gap Fade Short - HBC

10 Minute Chart

Stock: HBC 10 minute chart
Entry Green Line: 75
Stop Red Line: 75.30
Result: .44 to .81
Setup Grade
: B


* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

4 comments:

Anonymous said...

how do you enter you orders is it market or limit orders with a trail loss ? what % trail loss do you use for day trade ?

How I Day Trade said...

I always use a limit order - depending on the stock around but on average a .05 to .10 limit over target entry price.


As soon as I enter I place my stop and and will use a trail stop as the trade goes my way.

Teddy DaRussian said...

hey How I - see your an eagles/philly fan - I trade from philly wanted to know if you were in the area as well? love the blog keep up the monster trades!

How I Day Trade said...

Dont live in the Philly area anymore, but I get back their alot

Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE