Shared by
jmos_BOWS
Play: Flag
Strong stock, unable to break LOD, was making higher lows then formed a base during lunch. Got in when things started to accelerate. Sold near previous high as this would be resistance and then put stop at buy price. Once again, picked my stop and went right back up towards my 2nd target.
Thinking of not putting a hard stop in anymore and just keep an eye on it.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-07-21 13:09:33 | KNDI | buy | $21.590 | long |
| 2014-07-21 13:14:53 | KNDI | sell | $21.750 | long |
| 2014-07-21 13:28:01 | KNDI | sell | $21.610 | 0 |
Comments
jmos_BOWS
Honestly, in this one, I wasn't that scared. I saw 21.80 as resistance so decided to take some there (I was a few pennies early) and then the 2nd sell was at buy price so it wasn't out of fear or anything. I like to take some partial in the first spike/flush if I manage to time it well. I'm not there yet where I can wait for the big move but this technique is what worked well for me on the sim and for my personality.
Markmandy54
If it's workin than don't change a thing, if you can learn from it, then you're just playing kickin a$$!
this type of patience is for traders like you! :)
I'm just trying to pick one battle at a time otherwise I will feel like i'm drowning.lol
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
great entry. Looks like your trading with scared money of how quick you're exiting.