Real trade example – NRE – Northstar Realty Europe Corp Com
|symbol||entry date||entry||stop||exit price||exit date||% result||$ result||risk/reward|
We took NRE at Monday December 21th on daily triangle breakout. We can see that on daily time frame chart. Our entry price was at $11.13, with stop at $10.80 what was under daily 20sma support area. In that case chart action will confirm that triangle breakout was not good and that was reason for stop. Idea was bounce and run to $12.50 what was previous high resistance area. We can see that on exit chart, and also we can see that at Thursday December 24th NRE reached target area. Reward was nice and it was over 4, what show us that NRE covered four negative trades or bring us in profit area what was case with our December results.
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.
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