Monday, October 27, 2014

Closed VIPS

This turned out to be a nice little trade.  I could have taken profits higher but I wanted to give it some room to run as it had done so for the past few days.  I kept moving my stop up, but once it was clear that this would close red today, I decided just to take the profits.  My entry was decent but not good enough to give it enough room to pull back without risk taking a loss. If I were riding it from 180, I might think differently but it is what it is-- a decent 1% profit. 

Entry: 204.75
Exit. 211.05 3.07% +1R

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