DOO.TO

loss
TSX
Author

im@johnho.ca

Published

Thursday, February 12, 2026

Abstract
BRP Inc

Setup

Like L.TO and BBD-A.TO, BRP Inc is just another one of the Canadian companies I’d like to own. It trends like BBD-A.TO

Figure 1: 2026-03-06 Daily Chart (entry’s marked in yellow, stop’s marked in pink)
Figure 2: 2026-03-06 Weekly Chart

Entry

With about 100 CAD at risk, I entered at the level of the fast EMA with stop based off the low set on 2026-01-30 (101.31):

  • Bot 25 shares @ 105.95 on 2026-02-12

the stop is pretty tight at only 1.3 ATR away.

Risk Numbers

Risk Numbers

Stop

on 2026-02-27 we had a 1.6 ATR down move and got stopped out.

  • Sold 25 shares @ 101.30 on 2026-02-27

Loss: 116.25 CAD

Learning

Figure 1 shows, the importance of respecting stops.

Sure the stop might not be set at the right level, or the trade might have even seesaw and comeback with a win. But that’s besides the point…

Tip 1: the purpose of Stops

the point of the stop is to keep the risk measureable and thereby making these trade small and quick iterations on our way to building a system of sustainable profits.

Hold fast and stay true.