AVNR Trade on Oct 8, 2014 12:45 from jstpierre_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
jstpierre_BOWS

 

Why didn't I let this play out? My two prior attempts gave me the jitters and I backed out. Then I was busy with work and never saw the big move. If I would have just set my stop properly I would have banked huge on this...


Execution detail:

Date/time Symbol Side Price Position
2014-10-08 12:45:37 AVNR buy $11.260 long
2014-10-08 13:21:35 AVNR sell $11.270 0


Comments

Gravatar ejocam316
2014-10-08 22:44:55
 

Trust yourself a little more Justin. Prior to your entry you can see 11.20 was tested 10 times and held. 11.20 was your risk. I would have set a stop at at least 11.18/11.15 just in case MM tried to shake me out only for it to bounce up.

Your entry was good. You had the higher lows in your favor. I can see the testing at 11:30 which can be frustrating if you do not have patience. Looks like you had the right idea bro. Don't hold back, trust yourself and trade to your personality. Take everything you learned as a guide, not the "Have To Do" and sprinkle in your knowledge and instincts.

Use EMA, Trendline and 30 min/10 day chart for hidden resistance and support. It will support your theory without getting emotional as well as stopped out and cutting winners to early.

Kill it tomorrow!

2014-10-08 23:00:09
 

Thanks Eric that's great advice!

Gravatar ejocam316
2014-10-08 23:11:00
 

Anytime Justin, you are there. It will really click once you trust yourself and trade to your personality. Your niche and style will begin right there.

I was really hard on myself because in everyone else's eyes and what I was taught classified me as chasing and overtrading. One day I woke up and thought, "Why don't I am brace that" I am a very aggressive person in reality. I love taking risks so why don't I just be me? This helps, but with out good entries it would be a challenge.

Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in