Thursday, August 4, 2011

FSIN Trade Management

Here's the FSIN Trade on 7/19 @ $7.50

The trade is not at a 41% profit.

 Entry date

I'd be using a tighter stop right now considering the profit in the trade. This is a 50-bar average on a 30 min chart, you can widen it out to 1 60 min chart, but if I did that, I'd consider taking some profit off the table.

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