BABA Trade on Sep 19, 2014 14:03 from silverholden: Tradervue User Stock Trades.

I was watching for this all morning, and then they decided to open it late. Missed the bounce around 90, which is what I was really after. Picked up the small flag on the 5 minute, a little late on the entry. Target was 93, and of course it hit 92.95. I need to stop putting whole number targets exactly on the number! Mad money on the trade, but could have executed this better.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-09-19 14:03:12	BABA	buy	$92.070	long
2014-09-19 14:33:53	BABA	sell	$92.480	long
2014-09-19 14:33:53	BABA	sell	$92.480	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1334491&end=20141019&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1334491&end=20140919200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1334491&end=20140919165353&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

Comments

jmos_BOWS

2014-09-21 10:54:34

I have noticed that as well around round #'s. It will either come short a few pennies or break it and go. I think it depends on the momo of the stock. If traders think it is too extended or it will be too much resistance, everyone will want to take profit right before the round # to secure profit so it will not actually reach that #.

BABA Trade on Sep 19, 2014 14:03 from silverholden: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax