Trade Review: AME
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.