11/4/11

NFLX Trade Review

Pros:

Great entry near double top on two day chart.

Nice, tight .20 stop

Appropriate profit target of 1pt.

Perfect exit after volume surge down.

Cons:

I made a mistake on adding to the position. I should have waited for more of a roll over, perhaps at 2:20 where it makes a minor high, then fails to hold it.

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