Trade Review LEI 3/23/2011

Kunal
Desai
March 24, 2011
How to trade stocksbows-opengraphTrading-Watch-List

Trade review on LEI. Good trade. This was a swing/momotrade. 1st we add as a swing trade on support right on the 20dma. When you have a momo stock you have to realize the traders at some point will chase the breakout. But to anticipate it with a swing and get in early while yoru risk is small with a stop under support. then double up on the breakout. that way you have a great avg and you get to participate in the breakout but you also have your swing shares.our first buy was at 3.35 then we added more on break 3.5s. was selling selling shares all the way up as i had a 2.5x positon.http://www.screenr.com/eio

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