VGGL Trade on Nov 17, 2014 14:27 from Camglinton_BOWS: Tradervue User Stock Trades.

I'm pretty sure I set my stops too close. I think I should have been looking more big picture and taken a larger risk to reward ratio. kept stopping out then re-entering the stock. Please comment..

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-11-17 14:27:18	VGGL	sell	$4.340	short
2014-11-17 14:27:56	VGGL	sell	$4.310	short
2014-11-17 14:27:58	VGGL	sell	$4.310	short
2014-11-17 14:28:13	VGGL	sell	$4.340	short
2014-11-17 14:40:49	VGGL	buy	$4.238	short
2014-11-17 14:40:49	VGGL	buy	$4.250	short
2014-11-17 14:40:49	VGGL	buy	$4.242	short
2014-11-17 14:40:49	VGGL	buy	$4.243	short
2014-11-17 14:40:49	VGGL	buy	$4.245	short
2014-11-17 14:40:49	VGGL	buy	$4.240	0
2014-11-17 14:41:16	VGGL	sell	$4.260	short
2014-11-17 14:41:16	VGGL	sell	$4.260	short
2014-11-17 14:46:04	VGGL	buy	$4.297	short
2014-11-17 14:46:04	VGGL	buy	$4.296	short
2014-11-17 14:46:04	VGGL	buy	$4.294	short
2014-11-17 14:46:04	VGGL	buy	$4.290	0
2014-11-17 14:48:56	VGGL	sell	$4.199	short
2014-11-17 14:48:56	VGGL	sell	$4.199	short
2014-11-17 14:58:27	VGGL	buy	$4.040	short
2014-11-17 14:58:27	VGGL	buy	$4.040	short
2014-11-17 15:03:10	VGGL	buy	$4.140	short
2014-11-17 15:03:10	VGGL	buy	$4.140	short
2014-11-17 15:03:10	VGGL	buy	$4.140	short
2014-11-17 15:03:10	VGGL	buy	$4.140	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VGGL&trade=1566876&end=20141217&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VGGL&trade=1566876&end=20141117160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-11-17 18:02:31

Your entries are good but you are covering to early..http://screencast.com/t/lmfg5ylA

Camglinton_BOWS

2014-11-17 19:32:12

what kind of stop loss should be on this position with 300 shares at $4.34. should it be at a set limit dollar amount or a percentage like .05%?

Nape_BOWS

2014-11-17 20:44:14

No. The rest/reward should be 2:1, so let say you get into a trade $10 and your stop $9.50. That mean your target should be $11.

Wherever there is support/resistance, if those areas are broken then that is where you would stop out at. There is no exact percentage.

VGGL Trade on Nov 17, 2014 14:27 from Camglinton_BOWS: Tradervue User Stock Trades.

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