BIOF Trade on Jun 11, 2014 11:24 from dwin_BOWS: Tradervue User Stock Trades.

Intraday Scan
Horrible trade management!!!!! Shook me out. STOP at buy price. Gave up .70c. LAME...

More pissed about this trade than DDD.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-11 11:24:00	BIOF	sell	$8.420	short
2014-06-11 11:40:00	BIOF	buy	$8.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BIOF&trade=1054331&end=20140711&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BIOF&trade=1054331&end=20140611140500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Jerry_C_BOWS

2014-06-11 16:52:53

I'm guilty of setting a stop to tight all the time. Don't be afraid to watch same stock for another entry.

hawk_BOWS

2014-06-11 17:11:04

On this trade the stop almost has to be placed above the high of the bear flag you enter on...then position size from there so you don't get shook out of the move.

dwin_BOWS

2014-06-11 17:21:49

Yeah you are I had STOP where candles closed.

Patti-Garland

2014-06-12 00:03:19

looks like you bought in the candle that tapped the Vwap, maybe wait for one more candle to see if it fails the Vwap and then set your stop at the high of the previous candle or the Vwap (in this case that would have basically been the same number about 8.54)

BIOF Trade on Jun 11, 2014 11:24 from dwin_BOWS: Tradervue User Stock Trades.

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