AGN Trade on Jun 4, 2014 14:24 from kentf_BOWS: Tradervue User Stock Trades.

After a nice downtrend it pulled back to the 9ema. I shorted this once I saw a red candle. The next candle it turned upwards and stopped me out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-04 14:24:00	AGN	sell	$164.840	short
2014-06-04 14:35:00	AGN	buy	$165.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AGN&trade=1044860&end=20140704&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AGN&trade=1044860&end=20140604160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-06-04 17:52:10

Have to consider where the stock came from. It drop $5 before you tried to short. At that point the easy money is over. If you don not catch the first, second or third setup, its best to just find another stock to play.
http://screencast.com/t/tF5D1evRSy

kentf_BOWS

2014-06-04 18:00:36

Thanks Nape. I was worried it was way too extended when I was considering the trade, but I took it anyway. Rookie mistake.

AGN Trade on Jun 4, 2014 14:24 from kentf_BOWS: Tradervue User Stock Trades.

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