AEGR Trade on Oct 31, 2014 10:08 from Mari_BOWS: Tradervue User Stock Trades.

Setup on daily: Earnings Breakdown
Setup intraday: Bear Flag
Reasons to enter: price under moving averages, turning back down after tapping VWAP.
Concerns: none.
Stop: $22.00 - right above 9EMA.
First target: $21.04 - previous low.
R/R < 2:1 - not good!

Sometimes when the price moves far from my stop, I keep moving the stop closer to the price. This is what I did here and I got stopped out too soon. I should have kept the stop at my entry price after scaling out the first portion and just waited.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-31 10:08:00	AEGR	sell	$21.600	short
2014-10-31 10:26:00	AEGR	buy	$21.050	short
2014-10-31 10:47:00	AEGR	buy	$21.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AEGR&trade=1536534&end=20141130&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AEGR&trade=1536534&end=20141031130200&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AEGR&trade=1536534&end=20141031160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AEGR&trade=1536534&end=20141031160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-10-31 20:06:24

i ddi the same thing...uggg the stock just had a mini bounce and we both covered it right before the flush! be patient remember if a stock breakdown and u have the perfect entry at the breakdown spot it may come back to that spot not always but a little breather is good

AEGR Trade on Oct 31, 2014 10:08 from Mari_BOWS: Tradervue User Stock Trades.

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