BIDU Trade on Jan 6, 2012 12:09 from Derek: Tradervue User Stock Trades.

Shared by
Derek

Laz called this one out. Sina was weak all day but i missed my entry so this was 2nd choice. shorted on break of level but entry was a little late. took exit on big down bar close to whole number.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-01-06 12:09:43	BIDU	sell	$121.660	short
2012-01-06 12:43:17	BIDU	buy	$120.220	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=112723&end=20120106160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=112723&end=20120106160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=112723&end=20120106160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=112723&end=20120205&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

thearmotrader

2012-01-08 23:22:13

Nice exit ahead of that buyer at 120!
Just curious, what was your R/R on this trade?
Assuming the reward was at least ~$1?

Derek

2012-01-14 19:12:00

Theamotrader,
sorry i did not get back to your comment till now. My stop was just above the consolidation at 122.56. the r to r was about 2-1, would have been better if i got in a little earlier.

BIDU Trade on Jan 6, 2012 12:09 from Derek: Tradervue User Stock Trades.

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