Real trade example –
Risk: 0.5% per trade (something what is up to trader and this is only example)Example with 20k account:
$ risk: $100
Profit: $436 minus broker provision
It is really excellent 10sma bounce example. That is really nice example why I really like to use moving averages for my trading. They bring me nice security for trade success. We can see on entry chart how AMPH trend was strong, with very sharp pace. Also weekly and monthly charts suggest that AMPH will see $20 area as bigger number resistance area and because of that it was my target. We took AMPH previous week at Wednesday. Yesterday our swing trip finished and I took exit at $20.10. It was based on intraday strength and run. Of course I could take more, but that is always question when we have exhaustion intraday move where to close trade. After all it was more than target and I’m very satisfied. Especially I’m satisfied with excellent reward. It is really classic example for success. Big congratulation to all traders.
If you like to see more great examples please take a look on this link: http://xpertstocktrader.com/index.php?option=com_content&view=category&id=79&Itemid=475
Just click on symbol and you will get entry price and with exit price you can see why reward measure is very important for me. If anyone will have any question I will be happy to help and if anyone likes to learn more about that you can join us in to mentoring program and you can read more about that here: http://xpertstocktrader.com/index.php?option=com_content&view=article&id=101&Itemid=499
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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