Читать книгу Encyclopedia of Chart Patterns - Thomas N. Bulkowski - Страница 95

I made a trade in Teradyne Inc. (TER) as the stock emerged from the 2007–2009 bear market. A big W confirmed and I bought in at 5.94 on 1 May 2009. The stock threw back but then cooperated and climbed.

Later in the year it moved sideways until August 2010, when it resumed its upward move. Here's what I wrote in my notebook: “Sell reason: Hit stop. This sold on reaction to market weakness, so my guess is I sold too soon. I expect a rebound, but you can't be too sure.”

I sold within a week of the stock peaking and before it dove by more than 40%. I made 194% on the trade (I almost tripled my money!).

This is one of those trades you want to climb up on the roof of your house with a megaphone and shout at your neighbors that you're rich. Of course, you'd be gunned down by the rednecks surrounding your house like a moat, so don't do that.

There is no lesson to share with this trade. A perfect entry and perfect exit led to a nice reward for holding onto the stock for 1.8 years.