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Monday, September 28, 2009

Gap and Go Stopped out - ACN

5 minute chart


(Double Click Picture for a Larger View)



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Stock: ACN

Entry Bar: 5
Entry Green Line: 37.97
Stop Red Line: 37.67
Result: Stopped, no juice
Setup Grade
: B+
Notes: Here is one that just didn't happen even with a positive market day and break on the daily. Small lose, its all part of the job, just move on to another day.




* 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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2 comments:

bl said...

I stay away from English and European stocks. They just don't do it.

Paul said...

It's great that you post trades that don't work as well as the trades that do work. People that are learning from your trading plan need to see that small losses happen to all of us in the course of trading.

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.