ACHN Trade on Jun 11, 2014 10:53 from swinging_long: Tradervue User Stock Trades.

This was a dumb play. Having run up so much the past two days, I was short biased. Having a strong bias caused me to dismiss one of the classic long set-ups that I always play - the breakout pullback. The price popped up and through the flag and came back down which would typically be a buy area for me. For whatever reason, I decided to short. Stupid play

What didn't work:

went short (I do not currently have a short set-up that I specialize in
dismissed a classic long set-up that formed simply because I was short biased

What did work:

managed position size
let trade stop me out

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-06-11 10:53:30	ACHN	sell	$7.170	short
2014-06-11 11:05:06	ACHN	buy	$7.290	short
2014-06-11 11:05:06	ACHN	buy	$7.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACHN&trade=1055110&end=20140711&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACHN&trade=1055110&end=20140611160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ACHN&trade=1055110&end=20140611160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ACHN&trade=1055110&end=20140611133006&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ACHN Trade on Jun 11, 2014 10:53 from swinging_long: Tradervue User Stock Trades.

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