Trade Review: TRU
Stopped Out. Position Closed.
Setup
Breakout Analysis
Entry
Entry at $85.60 on July 28.
Initial Stop
$83.17
Target
None Hit
Result
The position was sold at $83.17 on July 29 after the stop was triggered.
Average Exit
$83.17
Percentage Realized Loss
2.84%
Position Status
Closed.
Lesson
Cut the trade when the breakout fails. The stop held the loss to $48.60 and protected capital. The market remains under pressure. This was our fourth straight day with a stopped-out position. When conditions weaken, trade less and protect cash.