$HNSN met out bullish expectations today. Entry at $4.57 almost at entry 9:33am and exit about an hour later with healthy more than 2% profit is good. I used automatic 3% trailing stop loss, and during the trade, watching closely every tick, I saw that was just 1 cent away from exiting the trade after almost 3% pullback. If you remember, stock price initially moved up to $4.72 and just few minutes later dropped to $4.59. 1 more cent down and I would sold it for $4.58 with almost no profit. Thankfully, it didn't happen. Usually it does, as I think that sometimes open orders are licence to steal money from your account given to the brokers. We can't avoid it many times. Anyway, today I was lucky enough to avoid this classic brokerage trap. 30 minutes later stock price moved even higher to $4.84 and 3% stop loss triggered from that much higher level, yielding good 2.63% profit
No comments:
Post a Comment