Jul 06
19
A return of 811% in 7 trading days!
2 Comments
After the course, I had in place a structure to enter and exit a trade confident in the knowledge that my risk was managed, so that I was aware of the maximum loss that I could incur when I opened the trade. I rarely made a loss and I doubled my money within three months which paid for the costs of the course!
An example of one of my successful trades was to go £8 a point long on Collins Stewart on 3rd May at price of 723p with a stop loss of 714p. This meant that I was entering a trade with a maximum loss of £72 which was 1.5% of my portfolio. I exited the trade on 11th May when the price was 799p, which resulted in a profit of £685 risking a maximum of £72, which is a return of 811% in 7 trading days.
Chris Lawrence, 2006
