MACK Trade on Oct 23, 2014 13:44 from Mari_BOWS: Tradervue User Stock Trades.

Broke rules, lost.

Setup on daily: Flag Breakout.
Setup intraday: Flat Top Breakout? No setup really.
Reasons to enter: holding 9 EMA and breaking day's highs.
Concerns: overbought on daily. Might be extended intraday.
Stop: $9.10
First target: $9.26
R/R 0.6:1 terrible!

Real reason why I took this trade was because Nathan Michaud tweeted that MACK may speed up into the close and the stock may get a push to $9.50 and higher. This didn't happen! There was no intraday setup, the R/R was terrible and I shouldn't have taken the trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-23 13:44:00	MACK	buy	$9.200	long
2014-10-23 14:45:00	MACK	sell	$9.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MACK&trade=1528014&end=20141122&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MACK&trade=1528014&end=20141023160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MACK&trade=1528014&end=20141023160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MACK&trade=1528014&end=20141023160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

MACK Trade on Oct 23, 2014 13:44 from Mari_BOWS: Tradervue User Stock Trades.

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