Monday, May 16, 2011

Trading Results for 5/16/2011


It was a good session for us. $LEE entry and exit was close to be perfect. I was hesitant to use auto 3% trailing stop loss, as the volume was relatively weak, and when I was kicked out for 1.16, I was almost sure that its just a pullback and $LEE is set to reach $1.30 level at a minimum today. However I was totally wrong, as majority of traders, I guess. $LEE sold out heavily the rest of the session and I was so thankful to my 3% trailing stop loss rule that secured decent 3% + profit today.

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