TWTR Trade on Aug 22, 2014 13:58 from leahcimTrades: Tradervue User Stock Trades.

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leahcimTrades

 

I got out because it was not my idea, even though it was flagging and I knew the spike was coming. I chased and followed, and that is not a good way to trade.


Execution detail:

Date/time Symbol Side Price Position
2014-08-22 13:58:10 TWTR buy $45.760 long
2014-08-22 14:39:25 TWTR sell $45.760 0


Comments

2014-08-23 14:22:02
 

You nailed it: huge chase and you know what was wrong with it. Got lucky that you were able to get out flat. Always consider how extended the 1 min and 5 min charts are. Anything more than 2 candles up is usually a huge chase.

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