ARWR Trade on Aug 14, 2014 14:46 from pstark89: Tradervue User Stock Trades.

I tried this a couple of times today. I thought both entries were ok. I'm having a problem getting scared out too quickly. I understand that if it breaks support we have to cut the loss. However, I think I'm doing it too quickly. Any thoughts on this would be appreciated.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-14 14:46:31	ARWR	buy	$14.430	long
2014-08-14 15:14:14	ARWR	sell	$14.340	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=1254634&end=20140913&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=1254634&end=20140814160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

natelau

2014-08-15 06:28:41

I'm not sure I see the support that broke that you are speaking of. I'm assuming here you got in because of the intraday bull flag? If so,consider basing your risk off the last higher low which was $14.20 or a few pennies below it and you should be fine. Setting your risk to the prior higher low (around $14) also works so you wont' be stopped out so soon.

pstark89

2014-08-15 13:23:06

Thanks Nate

ARWR Trade on Aug 14, 2014 14:46 from pstark89: Tradervue User Stock Trades.

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