BABA Trade on Dec 1, 2014 14:27 from skipjackrick: Tradervue User Stock Trades.

+$1860 Nailed the washout lows entry and with some serious size as I had conviction that shorts were going to cover on this flush since BABA had faded all day. Lesson here. SCALE OUT. I didn't scale out because I thought BABA had more selling to go. Counter-trend so you don't get much time to take profits usually.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-01 14:27:00	DEC05 14 103 CALL	buy	$2.690	long
2014-12-01 14:27:00	DEC05 14 103 CALL	buy	$2.690	long
2014-12-01 14:38:00	DEC05 14 103 CALL	sell	$3.000	long
2014-12-01 14:38:00	DEC05 14 103 CALL	sell	$3.000	long
2014-12-01 14:38:00	DEC05 14 103 CALL	sell	$3.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1593507&end=20141231&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1593507&end=20141201160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1593507&end=20141201160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BABA&trade=1593507&end=20141201150400&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

beactive

2014-12-01 19:23:16

nice trade. next time sell along the way to lock in profits and ride for more.

bbango_BOWS

2014-12-01 21:27:17

Nice entry, wow!

skipjackrick

2014-12-01 22:33:08

beactive - I had too much size. Psychologically it caused me to take profits quick. Plus, counter trend trade. Many times they don't continue. Was happy with the trade. Just needed to keep a lotto size left for the run.

BABA Trade on Dec 1, 2014 14:27 from skipjackrick: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax