SELL104DLTR@$113.68

Notional

$11,822.33

Cost basis

$12,749.16

Realized

-$927.35

Realized %

−7.27%

Held for

19 days

System 1 and System 2 exit both fired. DLTR traded 113.81, below the 10-day low of 116.25 and below the 20-day low of 116.25. The original rule book says a long exits on the opposite breakout, and this is the 20-day version, so it is not a judgment call. Price also sits under sma20 127.29 and sma50 126.87, so the trend that justified the entry is gone. N is 4.83; entry was 122.59 and the 2N stop sat at 112.93. Exiting on the Donchian signal rather than waiting for the stop. Loss taken at roughly 0.8 percent of equity.