Trading Journal: MBT (August 5, 2010)

Figure 1. MBT Price Chart

Information:

Date Bought: 7/28/2010      Buy Price: 59

Date Sold: 8/5/2010            Sell Price: 61.50

% Gain: 3.10%

Reason for Selling:

1. Swing trade level was hit. 

    Note: I should have sold this stock two days ahead. Right at the day my indicator indicated a sell signal.
2. All ready at the overbought area of my indicator.