Tuesday, February 22, 2011

APRI Trade

I have crawled out of the hole I created earlier this month while on an emotional trading binge (Emotional Quotient, Emotional Intelligence slowly increasing!!).  Of note, a good trade in APRI today.

Original entry was $4.49 based on the flag, but APRI gapped up this morning.  Entered on second candle (supported by good volume).  Exit was an error as I was trying to set a sell stop on the last 1/2 of position, but entered sell limit. Lucky that it worked out as stock dropped soon after.


Made another good trade in EEE.  It was not for big $, but first pattern recognition trade.  Regular entry at the break of HOD, but stayed in the trade longer than anticipated due to the triangle it was forming.
Also took positionals in IPAS (average 1.5075) and ROIAK (original was 2.01 on break, but was stopped out @ 1.7555 -low of day).  2nd Entry @ 1.817 - target $2.63)

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