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IRIS play with a potential upside of 546.01. Keep risk at 5% and lock in gains if in a downtrend. By the end of the day, the 5% risk had been hit, but I had not put in a stop-loss during the workday. When I looked at the end when I got out of work, I sold immediately for more that a 5% risk. Overall, I am fine with that.

IRIS play with a potential upside of 600.25. Keep risk at 5% and lock in gains if in a downtrend. My stop was 9.98, but the order was triggered right at the open. The stock recovered from there, but the trade was dead. don't know why it stopped out when it opened at 10.08. In the end, it was a good sell because by the end of the week, the stock closed at 9.78, which means my stop loss would have been hit anyway. It actually stopped higher for less of a loss.

IRIS play with a potential upside of 606.03. Keep risk at 5% and lock in gains if in a downtrend. The stock stopped out the next day, but rallied the rest of the week with a closing price of 67.37. I stuck with my system, but this was very disappointing because it would have been my best trade of the week and still open if it had not stopped out the next day.

Entry comments: IRIS play with potential upside of454.75. Keep risk at 5% and lock in gains if in a downtrend. Once it hits a 5% gain, I will move the stop loss up to break even or put in a trailing stop of 5%
Exit comments: I put in a stop to break even, and the stock kept gaining so I put in a trailing stop of 5%. I am happy with this trade in terms of discipline, but when I stopped out, it did gain. It is still above my sell price three days later. However, I am sticking with my system.

Speculative play on oil stock that was on Tim Bohen and Jack Kellogg's watchlist and trading high in overnight trading; this was not a good trade, and I've got a low discipline score on this one. It's holding its own, and I might swing it overnight. The stock got up to my buy price very briefly but I did not catch it. The stock squeezed the next day to 2.40s, and my target of 10% was hit. I got lucky to get out of this one with a gain.
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