Shared by
KeithL_BOWS
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-05-27 09:56:48 | PPC | sell | $26.010 | short |
| 2014-05-27 10:10:21 | PPC | buy | $26.180 | 0 |
Comments
KeithL_BOWS
Yeah....this def was a fake out. I was seriously thinking about scaling out half my position when it stalled at the bottom there, but just as i was going to commit, it started to head back up. I beleive my MA's were in a diff position on my trading chart because of premarket data.....but i should have sold out sooner. Im trying to keep a $35 max loss per trade. I am trying to size each trade accordingly per the R:R calc im using. I am also keeping my first target at about 1R -1.5R. The current market condition just does not play well with 2R targets.
Yeah....i feel Tradervue is a tool, so i pay the extra money to be able to use this as a means to review what i did right and wrong with my trade, and seeing the MA's is a big help.
Thnx for your comments
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Nice entry and controlled exit. What a dirty dog stock! Big Fake Out! I think you did good with what you had here.... Very nice risk management in all your plays. I like that your TraderVue charts have the MAs-obviously you paid the $$$'s for them....