VIPS Trade on Jul 23, 2014 10:25 from Markmandy54: Tradervue User Stock Trades.

30 min support and rising 20MA. Target was +1.50 and +2.50. FEAR based sell was a poor choice. This 1 winner should have erased my other 7 losses today.

LESSON: DON'T TRADE WITH FEAR, LAST TRADE HAS NOTHING TO DO WITH THIS ONE!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-07-23 10:25:44	VIPS	buy	$208.660	long
2014-07-23 10:31:54	VIPS	sell	$209.870	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=1172382&end=20140723112954&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=1172382&end=20140723130154&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=1172382&end=20140723160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=1172382&end=20140822&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jmos_BOWS

2014-07-27 11:31:14

wow! Don't think you could have had a better entry than that! The way I see it is great first sell to lock in profit but then keep some. Worst case scenario is it bear flags around the 210 level and therefore prepares itself to makes more lows so you can get out of it or it flags and breaks to the upside or could be seen as a bounce off LOD.

VIPS Trade on Jul 23, 2014 10:25 from Markmandy54: Tradervue User Stock Trades.

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