KPTI Trade on Jun 23, 2014 13:45 from Jerry_C_BOWS: Tradervue User Stock Trades.

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Jerry_C_BOWS

 

Very frustrating trade. I saw a bull flag forming on lower volume. Made an anticipatory trade thinking vol would pick up. On entry and the 1st and 2nd scale outs, price jumped against me just as I pressed send. I exited last 75 shares out of frustration.


Execution detail:

Date/time Symbol Side Price Position
2014-06-23 13:45:18 KPTI buy $43.170 long
2014-06-23 13:47:51 KPTI sell $43.140 long
2014-06-23 13:57:05 KPTI sell $43.220 long
2014-06-23 14:06:16 KPTI sell $43.320 0


Comments

2014-06-23 16:58:25
 

Aaahh you had it Entry was great on the coil action. This stock can really get moving if it wants. Let it play out next time. Real nice support area here...http://screencast.com/t/Gl946Ll2mE

GREAT R/R

2014-06-23 23:16:33
 

awesome setups daily and intraday

If the spread is wide, consider entering a limit order for your scaleouts as price gets close. This is how I avoid the problem you are having.

The downside is if you do not have OCO orders you have to drop the stop order to place the limit sell. Still worth it in my opinion.

Your sells are faster than mine - though that may be good in this market. For this one I would have been getting out at 43.45 or so for initial scaleout and selling more into the breakout .

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