Friday Trade

Another trade today, decent, but not perfect. But, as always, I'll take a profit and learn something along the way.

CALM:

Bought 11:50am doji/hammer (not perfect),
50 shares @ $28.02,
target $28.50,
stop loss $ 27.55,
risk/reward 1.02 (usually low for long hammers such as these),
exit $28.04 (subjective sell, had to go as the wife was starving, she may be good luck as I'm getting out at good prices when she is waiting/begging/pleating for me to finish..)

All in all, a decent trade. Showed patience early on and then quickly exitted when I needed to go. The stock was looking 'heavy' when I sold, but that is not sufficient objective evidence for a sell. Nonetheless, I'll take the profit and move on.

Gross P/L: $19.00 net $16.98

As for my weekly stats, it was a great after-the-holidays market, at least for me.

Weekend balance: $3047.67, up +$31.36, +1.04%

Always another trade,
Masterjaz out