TKTM Wrapup

TKTM was sold last Tuesday at the open wrapping up this paper trade. The initial stop loss or incrremental stops were never hit. The target of $10+ was never hit either. The time stop which triggered on the 10th trading day was hit, selling out for a gain of approximately $1 per share. Based on the stop loss of $1.35 this was a risk adjusted return of less than 1R or 1X risk which is extremely weak.

I hope to improve the risk adjusted returns to 10R + over time as I learn to mix the intraday entry and stop (risk management) which the daily price target or swing trade chart.

Here is a chart of the entry and exit: