DARA Trade on May 28, 2014 12:23 from oly_BOWS: Tradervue User Stock Trades.

Huge momo runner in the morning, so I bought an aggressive pullback entry during lunch. I should have waited until 1pm.

stop: 1.81

I got out when it rolled and stopped trading for the day because I was concerned I would overtrade/revenge trade my P&L. If I had waited until 1pm I would have caught this coming off a terrific vwap bounce and been in for a good winner.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-28 12:23:37	DARA	buy	$1.890	long
2014-05-28 12:43:57	DARA	sell	$1.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DARA&trade=1028766&end=20140627&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DARA&trade=1028766&end=20140528160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

natelau

2014-05-29 01:50:06

Worth a shot. My two cents - the volume on the pullback 10 mins before 12:00pm had some large red bars compared to the small green bar when you entered. The other thing is looking at the daily, support was closer to $1.70 which consolidated the first week of May.

natelau

2014-05-29 01:59:45

Guess what I'm trying to say is maybe wait for the retest of 1.70 and get in the next green candle when it holds that level

DARA Trade on May 28, 2014 12:23 from oly_BOWS: Tradervue User Stock Trades.

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