NEON Trade on Jul 9, 2014 13:20 from Jerry_C_BOWS: Tradervue User Stock Trades.

Must learn to wait for these to truly break over the HOD to confirm breakout. Could have practiced better risk management but overall, not too bad.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-09 13:20:23	NEON	buy	$3.330	long
2014-07-09 13:58:31	NEON	sell	$3.250	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NEON&trade=1149585&end=20140808&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NEON&trade=1149585&end=20140709160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Alvan_BOWS

2014-07-09 17:35:00

8c is pretty big stop on a $3 stock.

Nape_BOWS

2014-07-09 18:57:04

Extended on entry.

ckz8780

2014-07-09 23:01:09

Alvan, stop size is all relative to the size you're trading. I currently have a 60 cent stop on my PRAN swing from $2.57. Yeah it's wide BUT the stock could easily run to $4-5 so it's all relative. I sized accordingly to keep my risk where I wanted it. The same is true for day trading :)

Tian

2014-07-10 00:10:33

too much resistance at 3.30 area which is also the 20dma on daily chart

NEON Trade on Jul 9, 2014 13:20 from Jerry_C_BOWS: Tradervue User Stock Trades.

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