$45 Profit
CAKLong Stock

Entry comments: Took a starter on a break over 50 and the 200sma.
Exit comments: Excellent microcosm of the mistakes I make trading. This was an excellent setup with a chart that popped over big resistance and consolidated several days above the 200sma. I had been patient holding my small entry for a week and on the day it did break out instead of adding to a winner I sold at open. HOD was .62 (20% gain on day) on 4x avg volume. Could even be the start of a run. This is the setup I'm looking for and I sold it out the gate for minimal gain. rrrrrgh!
Broker:Questrade
| Date | Price | |
|---|---|---|
| Entry | 3/26/2015 | 0.515 |
| Exit | 4/2/2015 | 0.56 |
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