Play: Flag
Horrible entry as I chased it 4 green candles again! It seemed to be breaking round # of 8 with volume so didn't want to miss the break out. Ideal/realistic entry for the way I trade was around 7.80 but kept hesitating as there wasn't much movement but just a slow grind up. When things accelerated, that is when I got in but it was a chase so taking a big risk.
Was patient at least on targets until they got hit. Sold last shares on break down. Kept it thinking it would just keep going higher since it had good earnings and has a history of big runs. Except for the entry, I am happy with the discipline and being patient until targets.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-18 11:00:45 | MOBI | buy | $8.000 | long |
2014-08-18 11:19:01 | MOBI | sell | $8.190 | long |
2014-08-18 12:12:38 | MOBI | sell | $8.370 | long |
2014-08-18 13:40:43 | MOBI | sell | $8.220 | 0 |
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 scaling!