KITE Trade on Dec 29, 2014 10:00 from youngcb1_BOWS: Tradervue User Stock Trades.

No setup here but I was trying to anticipate support area. It back fired as I entered a long position too early and it did not hit a significant support area until it dropped further downwards. I held the stock anyways and didn't have a mental stop. The stock started to reach back up to my entry area but hit resistance and dropped again and I didn't exit quick enough. Huge loss.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-29 10:00:08	KITE	buy	$56.110	long
2014-12-29 10:52:48	KITE	sell	$55.290	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KITE&trade=1659900&end=20150128&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KITE&trade=1659900&end=20141229130748&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

KITE Trade on Dec 29, 2014 10:00 from youngcb1_BOWS: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax