MHLD Trade on Jun 3, 2014 14:05 from dwin_BOWS: Tradervue User Stock Trades.

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dwin_BOWS

 

Intraday Scan. Bad Setup. Should have got out earlier when it just based and did nothing. STOP at buy price.


Execution detail:

Date/time Symbol Side Price Position
2014-06-03 14:05:00 MHLD sell $11.373 short
2014-06-03 15:35:00 MHLD buy $11.369 0


Comments

2014-06-03 19:09:20
 

It kind of faked you out when it broke below the previous low, looking like it was going to keep going down. I get stuck in these a lot (at least 2-3 times a week). Nice management of your stops to limit your losses.

2014-06-03 23:22:41
 

A lot of selling pressure on the daily. I like the idea of a breakdown setup that may retest lod. The difficulty with your entry is that it was closer to first support than to your risk(stop loss). With no volume for a long time you could exit early for a small gain and look to re-enter with another setup if volume arrives.

2014-06-03 23:48:36
 

I didn't notice that hawk re: RR. wow. Now I really don't like this trade...
Thanks for the feedback.

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