Shared by
bbango_BOWS
I was very impatient this morning as I was trying to catch the quick pull back short. I couldn't quite get it and my position size was a little bigger than I liked so I kept closing my position. What a trade it would have been if i nailed one of those trades. Damn!
Because of my failed attempts this morning I was a little uncomfortable trying to short it again. My 4th trade wasn't the greatest entry but it was breaking below trendline and failed at vwap a few candles before that.
I was trading FB when the the real end of day 2pm flush happened. Wish I would have been in it then! I really love how BABA flushes though. It's fun to trade when my entries and position size are correct.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-01 10:09:53 | BABA | sell | $107.458 | short |
| 2014-12-01 10:09:53 | BABA | sell | $107.450 | short |
| 2014-12-01 10:09:53 | BABA | sell | $107.450 | short |
| 2014-12-01 10:14:10 | BABA | buy | $107.780 | short |
| 2014-12-01 10:14:11 | BABA | buy | $107.780 | short |
| 2014-12-01 10:14:11 | BABA | buy | $107.780 | 0 |
| 2014-12-01 10:16:06 | BABA | sell | $107.590 | short |
| 2014-12-01 10:16:06 | BABA | sell | $107.590 | short |
| 2014-12-01 10:16:06 | BABA | sell | $107.590 | short |
| 2014-12-01 10:18:52 | BABA | buy | $108.120 | 0 |
| 2014-12-01 10:21:25 | BABA | sell | $107.600 | short |
| 2014-12-01 10:21:25 | BABA | sell | $107.600 | short |
| 2014-12-01 10:22:56 | BABA | buy | $107.715 | short |
| 2014-12-01 10:22:56 | BABA | buy | $107.710 | short |
| 2014-12-01 10:22:57 | BABA | buy | $107.710 | 0 |
| 2014-12-01 11:33:38 | BABA | sell | $106.825 | short |
| 2014-12-01 11:33:38 | BABA | sell | $106.825 | short |
| 2014-12-01 11:33:38 | BABA | sell | $106.825 | short |
| 2014-12-01 11:57:21 | BABA | buy | $106.250 | short |
| 2014-12-01 12:12:29 | BABA | buy | $106.180 | short |
| 2014-12-01 12:58:59 | BABA | buy | $106.550 | 0 |
Comments
Nape_BOWS
The 4th entry was actually good but you never let the trade play out yo catch the real move. When trading high dollar stocks, you should be going for the multiple dollar moves.
bbango_BOWS
@Nape_BOWS i completely agree. I need to figure out how to let the trade play out and let the winners run. I'm in the mindset that I'm so afraid to lose my profits that I'm quick to take them.
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Nice trade