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Today we look at FLT on the 5 minute time frame. The alert was ‘FLT breaking through 200sma.’ We play the hypothetical game of if you had missed the alert and were looking for another opportunity to trade this name. An ideal setup would be a rubber band back into the 200sma before further downside. After setting up our orders we decide that we should slick willy the entry by a couple pennies (place our order just shy of the average in case more sellers get the same idea). We see after 15 minutes we get almost a picture perfect backtest at the moving average. We then trail our winner as it well exceeds our target. This is just one more example of why the phrase ‘profit is profit’ is pure nonsense.