CANF Trade on Nov 21, 2014 11:16 from BenLbTrading: Tradervue User Stock Trades.

Again "Never short a strong stock before 1pm Eastern". I'm adding this to my list of rules because I basically gave up my profit on CANF by being stupid and not playing a setup and trying to trade counter-trend with no setup. Dumb move overall.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-11-21 11:16:27	CANF	sell	$5.160	short
2014-11-21 11:34:03	CANF	buy	$5.280	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CANF&trade=1579655&end=20141221&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(200)&study2=ema(50)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CANF&trade=1579655&end=20141121135903&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CANF&trade=1579655&end=20141121115803&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)&study2=ema(9)');}

Comments

kunal00

2014-11-22 14:40:22

If you short the flags before the downtrend is confirmed you will often get squeezed. Often these really extended stocks they may spike at the open and then fade back a little bit but if they don't then it's just a long till the crack starts lower highs and lower lows

CANF Trade on Nov 21, 2014 11:16 from BenLbTrading: Tradervue User Stock Trades.

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