WDC Trade on Jan 24, 2012 10:41 from thearmotrader: Tradervue User Stock Trades.

Earnings play
1) Shorted up against 37 as a fade play down to 36.50
2) Bad cover on 1st lot but it was being stubborn so decided to limit risk
3) Covered 2nd lot when it took a quick drive down
4) Covered last lot when it lifted .90

Good trade overall but I could work on not covering 1st lot so quickly to cover/limit risk. Had this dropped below .50, it would have likely faded to 36.00

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-01-24 10:41:57	WDC	sell	$36.990	short
2012-01-24 10:43:47	WDC	sell	$36.990	short
2012-01-24 10:43:49	WDC	buy	$37.020	short
2012-01-24 10:43:58	WDC	sell	$36.995	short
2012-01-24 10:46:20	WDC	sell	$36.990	short
2012-01-24 10:56:54	WDC	buy	$36.960	short
2012-01-24 11:22:36	WDC	buy	$36.650	short
2012-01-24 11:42:13	WDC	buy	$36.930	short
2012-01-24 11:42:13	WDC	buy	$36.940	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=117214&end=20120124115213&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=117214&end=20120124135213&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=117214&end=20120124160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=WDC&trade=117214&end=20120223&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

WDC Trade on Jan 24, 2012 10:41 from thearmotrader: Tradervue User Stock Trades.

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