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Trade explanation

 

Real trade example – LCI Lannet Inc.

 

symbol

date entry

entry

stop

exit price

exit date

% result

result

risk/    reward

LCI

11/10/15

36,95

38,03

31,55

11/10/15

14,61

5,40

5,00

 

We took LCI at November 10th and idea was swing trade what you can see from 60 min chart where I explained to members what I like there and that was 3rd triangle. All who follow me from 1999 year know that for me risk/reward is main success measure because one good reward trade can cover several negative trades and that was case with LCI. After entry at $36.95 we closed trade at $31.55 with reward 5. That mean if trading risk was $100 profit was $500 and that mean LCI covered five negative trades.

 

Entry chart

 

 

 

Exit chart

 

 

 

 

 

 

This is real example what we used this month. I think that is great education example. If you have any questions just hit reply. I answer all questions personally and I look forward to hearing from you.

 

Ivica Juracich
Xpertstocktrader

 


 

 

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