SIMG Trade on Dec 5, 2014 10:00 from Mari_BOWS: Tradervue User Stock Trades.

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Mari_BOWS

 

Two trades. First one was a -$17.50 loss and second one was $29.75 profit.

First trade: it looked like it was bouncing on the 9EMA on the 5-minute chart and so I bought. When it continued dropping, I exited early at $6.59 before my stop was hit. The stop was at $6.56.

Second trade: the price started to bounce at the price support, 20SMA on 5-minute chart and 9EMA on the 10- and 15-minute charts. I scaled out, because I wanted to get at least $25 out of this trade and no less (in case it drops).


Execution detail:

Date/time Symbol Side Price Position
2014-12-05 10:00:00 SIMG buy $6.660 long
2014-12-05 10:02:00 SIMG sell $6.590 0
2014-12-05 10:27:00 SIMG buy $6.600 long
2014-12-05 10:35:00 SIMG sell $6.700 long
2014-12-05 10:36:00 SIMG sell $6.670 0


Comments

2014-12-06 15:43:10
 

This is what I mean when I say let the stock bottom first when trying to play the pullback. On your second entry you played it perfectly..http://screencast.com/t/1dTcRHxTF

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