Max Order Qty 500
Symbol vnda
Setup pb
Price Tnd, Agmt flat, 2
Support $10.80
Resistance $10.00
Volume low
Stochastics 69dec
News gapper
Concerns, Comments redundant play. 10.78 becomes S. overextended. Got out as short-term trend changed.
Order Price $10.79
Stop Loss $10.99
Target Price $10.33
was moved by fear to get out of this position. If I would have held on and trusted my stop loss, I could have made an extra $300-$400 for the day. I was fearful of market chop and AM vol, and I didn't want the psych loss of going from +$550 to even and have to work for the rest of the day to be up $100. I took the psych win (at the time) and walked away for the day up $500 from two trades in the morning.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-27 10:37:00 | VNDA | sell | $10.770 | short |
2014-10-27 10:37:32 | VNDA | sell | $10.770 | short |
2014-10-27 10:37:32 | VNDA | sell | $10.770 | short |
2014-10-27 10:37:32 | VNDA | sell | $10.770 | short |
2014-10-27 10:42:48 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:48 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:48 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:50 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:50 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:50 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:51 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:51 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:51 | VNDA | buy | $10.820 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | short |
2014-10-27 10:42:54 | VNDA | buy | $10.850 | 0 |
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!
If you can't handle the heat don't step into the kitchen!