AMZN practice trade

Here's my first and only trade for today. Long in AMZN off the reversal candle at 11:45am. I have some things to take care of so I cannot stay at the computer. I'll take my 63 cents and run! The spike above my exit price came after I exited and I don't feel a bit bad about missing the extra 30 cents (it's 30 cents and not 41 cents because of the spread).

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Good trading to all!

First practice trade in quite a while...

I've been really busy with home upgrade projects since the return from our long bike trip and have been away from the markets. I should revise that by saying that I have had the charts up a few times over the past month but haven't made any practice trades at all. That ended this afternoon. I spent about 30 minutes measuring and getting a feel for movement again after my long hiatus. Then, I saw this extreme move up and decided to short at the high point. Good idea. With up to 60 cents available to me on this down move, I was out far too soon (as you can see from the chart) but my instincts for direction changes are still pretty good and for that I am happy.

Been a Long Time

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