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TradeForGain.com

let’s discuss important aspects of trading such as discipline, money management, psychology, setups, etc.
May 8th, 2008

Sold Tim Hortons (THI.TO), Gain +0.6% (Scratch trade)

Closing this position at break-even, not a good trade. Focus, focus!! Learn from my mistakes here.

Entry | Exit
Date 6-May-08 |Date 8-May-08
Price $32.75 |Price $32.98
Initial Stop $32.00 |Gain % 0.6%
Risk $ per Share $0.77 |# Days 2
Risk % Cost 2.3% |Trade Grade C
Risk % Capital 0.8%
Price Target $36.00
Expected % 9.9%
Risk x Reward 4.2

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