LNKD Trade on May 27, 2014 09:41 from Markmandy54: Tradervue User Stock Trades.

Daily looked extended however the volume and flag intraday warranted the risk. Stop -.50, Target +1.50, +2.50. Appeared to be rolling and got stopped.
LESSON: NORMAL P/B TO RISING 9MA, LOOK TO RE-ENTER WHEN BOUNCE OFF 9EMA!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-27 09:41:04	LNKD	buy	$159.500	long
2014-05-27 10:03:18	LNKD	sell	$159.020	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=1026378&end=20140527105518&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=1026378&end=20140527122818&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=1026378&end=20140527160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=1026378&end=20140626&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Blake_BOWS

2014-05-30 18:43:16

I'm not at my desktop but if that is in fact where the 9ema was, your stop was definitely too tight. Be careful not to just arbitrarily place your stop in a random spot in order to reduce your risk. The stop needs to be where the chart tells it to be. If it's not as tight as you were hoping, take smaller shares.

LNKD Trade on May 27, 2014 09:41 from Markmandy54: Tradervue User Stock Trades.

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