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This was a really great trade. I could have gotten in much sooner at the open, but there was no real defined risk, so I waited for the confirmed breakout and bought at 5.09, the breakout was from between 4.94 and 5.08. Perfect runup, and I knew it would eventually go all the way close to $7 (can see my chat entries) but I took VERY safe profits at 5.88. Tim's teachings are finally starting to click. Trading is fun when you follow the rules.

I had just missed my entry on MDGS near $2 and this was my 2nd choice on the day. Good entry, but it just never ran up so I cut my losses quick and basically left even after commissions. I bought the breakout over the day high of 1.18 and I knew the 1.34 area would be tough to break through, and I was correct. Once it reached 1.32 it dropped nearly .40. CUT LOSSES QUICKLY!!!
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