Purchase A Day Traders Business Plan for only $125 . . . (updated 10/25/09)

Wednesday, November 12, 2008

30 Minute breakdown - STO

5 minute Chart

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Stock: STO 5 minute chart
Entry Bar: 7
Entry Green Line: 16.33 short
Stop Red Line: 16.51
Result: .18 to .80 , let some run all day
Setup Grade
: B+
Notes:

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.

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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.