Bought 9:10am doji (close to it, darn fast moving stock),
15 shares @ $153.14,
(did not plan a typical target, stop loss--horrible, but it was too fast to look away. Stop would have been ~$5 away, way down there...)
exit:
sold 5 shrs @ $154.87 (following rules of locking in 1%)
sold 5 shrs @ $156.00 (just wanted to lock in profit, nearly $3 a share...)
sold 5 shrs @ $157.19 (a reasonable target based on price by volume, shaky market)
Commentary: The fast movement of stock prevented me from comfortably and objectively working on targets and stop losses. Had the stock tanked and the stop loss (the doji's low) been hit, I would be crying, so I am going to look at how stocks trade if they don't initially pop after the doji. My guess is the first line of support would be the low of the candle preceding the doji. Also, if the stock is not trading at the lows of the day, there may be support. Something to watch... Otherwise, a good trade, taking profits and almost a triple (1.88%).
Gross P/L: +$43.20, net +$39.15
We'll see what tomorrow brings,
Masterjaz out
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