One Trade in RIMM

February 26th, 2007

I am hoping to post more about my own trading, which I have been focusing on with my head down for a while now. I have set a goal to post more of my trades on this blog, but I have a lot of commitments so we’ll see how long I am able to last.

I am sure RIMM was on a lot of trading radars today – a gap up nearing an all time high. The first two candles were a little suspect, but it seemed ready to move after the strong third 15 minute candle.

I traded RIMM off the 6th bar on the 15 minute chart. It was the narrowest candle of the morning at that point. I was stopped out during the 15th candle for a -0.63R loss. Moving my stop too soon is becoming a recurring theme in my trading. I will devote an entire post to it soon, I hope. Here’s my eSignal chart for my trade in RIMM and here’s my StockTickr-generated chart review.

RIMM, 15 minute chart, 02/26/2007

Related posts:

  1. Another Trade in RIMM
  2. One Trade in RIMM To Finish the Week
  3. One Trade in BZH
  4. No Shares to Borrow in LEND
  5. One Trade in JWN, One Loss

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