Shared by
ThaRhino
Setup: Breakout of HOD & Bull Flag
- Bought the breakout of the High of Day, in which the market was also holding up okay
- Sold half on the initial push to minimize risk
- Added back some as the stock pulled back, but showed signs of support
- Added more size again as the stock broke out of a smaller Bull Flag
- Sold in different portions, but sold eventually sold all within the same time frame as the stock rapidly pushed higher
** MISTAKE was not holding onto some as I had planned, in which the stock reached my full target price! All indicators had lined up once again (ema's, vwap, green on the day); I traded my P&L instead of the chart, which cost me big!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-10-15 10:45:04 | VSR | buy | $5.180 | long |
| 2014-10-15 10:48:04 | VSR | sell | $5.440 | long |
| 2014-10-15 10:48:16 | VSR | sell | $5.580 | long |
| 2014-10-15 10:56:04 | VSR | buy | $5.300 | long |
| 2014-10-15 11:11:20 | VSR | buy | $5.510 | long |
| 2014-10-15 11:13:39 | VSR | sell | $5.680 | long |
| 2014-10-15 11:16:20 | VSR | sell | $5.780 | long |
| 2014-10-15 11:17:58 | VSR | sell | $5.640 | 0 |
Comments
Nape_BOWS
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!
You trades are good, just need to maximize the reward.