Friday, December 21, 2007

Friday Trade

Took a shot on Friday, in the afternoon after the morning was boring, at least with respect to my desired setups. So here we go:

GILD:

Bought 12:10pm doji (not perfect),
20 shares @ $46.04,
target $46.20,
stop loss $ 45.98,
risk/reward 2.67,
exited at $46.00 after revised stop loss (previous candle low if it makes a new trade high)

Gross P/L: -$0.80, net -$2.82

I would probably take this trade again, not a long enough lower wick and not a high moving stock.

Weekend balance: $3016.31, up +$7.76, +0.26%

Short week next week, we'll see what happens, have 2 trades available thru Thursday (may need to adjust for 'buisness' days).

Always another day,
Masterjaz out

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