AIG Trade on Mar 8, 2012 09:35 from thearmotrader: Tradervue User Stock Trades.

Shorted Near VWAP on 1st entry. Added to Short when it couldnt hold above .60. Moved stop to basically breakeven at this point.

Goal was to hold MOST of my position to low 28s. Target was 28 as that was my next level.
Didnt cover any into LOD, held .40, popped right back up to .60 but couldnt get above.
Eventually did and I got stopped for a B/E trade.

Overall: Good trade, but I couldve sized up a little more near VWAP entry. AIG is a thick stock so low slippage risk. If I had a little more size, wouldve probably covered some to cover risk into break of LOD (so low .40s).

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-03-08 09:35:56	AIG	sell	$28.740	short
2012-03-08 09:49:08	AIG	sell	$28.590	short
2012-03-08 11:06:00	AIG	buy	$28.625	short
2012-03-08 11:09:18	AIG	buy	$28.665	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AIG&trade=139737&end=20120308110918&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AIG&trade=139737&end=20120308130918&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AIG&trade=139737&end=20120308160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AIG&trade=139737&end=20120407&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

AIG Trade on Mar 8, 2012 09:35 from thearmotrader: Tradervue User Stock Trades.

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