Trade Review: AME

Share

Partial Trim. Position Remains Open.

Setup

Daily Market Scan

Entry

Entry at $230.51 on July 7.

Initial Stop

3% from original investment.

Target

Not recorded.

Result

Half of the position was trimmed at $244.58 on July 31, locking in a realized gain of $42.21.

Average Exit

$244.58

Percentage Realized Gain

6.10%

Position Status

Partial. The remaining position is open.

Lesson

Trim strength when the trade has earned it. Realize part of the gain, reduce risk, and keep exposure to further upside.