Ended the Day with Profit, But A Little Frustrated
June 20th, 2007I started off the day with a silly trade in CTRP – I was quickly stopped out for a 1R loss. I then traded BMC off the inverted hammer on the OR low at 10:15. This worked out well – it’s trades like these that make me happy that I started scaling out of trades a while back. 
2.5R on a full position size.
Next I traded BBY, which was a good bit more frustrating. I entered off the inverted hammer on the OR low at 11:00. I was barely stopped out a half hour later or so, only to see the price continue down in the afternoon. It looks like Prospectus did a better job at placing his stop on this one.
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