TRMB Trade on Jul 3, 2014 09:48 from mick9800_BOWS: Tradervue User Stock Trades.

continuation short on the daily. went short on a LOD break. reversed almost immediately and stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-03 09:48:00	TRMB	sell	$34.250	short
2014-07-03 09:55:00	TRMB	buy	$34.472	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TRMB&trade=1132692&end=20140802&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TRMB&trade=1132692&end=20140703122000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-07-04 07:37:39

To low of a short. $34.40 was a better entry point.

mick9800_BOWS

2014-07-05 06:27:45

@Nape. I dont really understand what you mean by this crtique as the result is still the same whether the entry is 34.25 or 34.40.
Do you mind explaining your thought process further as i would be interested to know?

Nape_BOWS

2014-07-05 07:31:17

Whats up Mick,

You see the gap fill where you took the short. Usually when a stock tend to fill its gap, it will bounce in the other direction. I would have been thinking to get in at the base around $34.40, so if it does bounce to fill that gap I would have just stop out flat.

mick9800_BOWS

2014-07-05 08:16:16

Thanks Nape. I appreciate the explanation.

Nape_BOWS

2014-07-05 09:39:36

No problem anytime!

TRMB Trade on Jul 3, 2014 09:48 from mick9800_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax