SONC Trade on Jan 7, 2015 15:34 from cdoor4: Tradervue User Stock Trades.

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cdoor4

New rule which would have stopped this trade: Do not take the trade if the stock is up between 8-12%. May have an exception depending on the float amount. (This stock was up 8.85% at the time of trade).

Initial trade had a SL too tight so got stopped out and decided to jump back in as I thought the pattern was still active. This was a mistake as the first break should have broken with strong volume but it didn't.

Second trade - should have taken the profit at the top before it retraced. Decided to leave it until it triggered the SL incase it went the other way again.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-07 15:34:16	SONC	buy	$30.020	long
2015-01-07 15:37:51	SONC	sell	$29.950	0
2015-01-07 15:39:11	SONC	buy	$30.030	long
2015-01-07 15:51:55	SONC	buy	$29.780	long
2015-01-07 15:52:07	SONC	sell	$29.750	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SONC&trade=1673949&end=20150206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SONC&trade=1673949&end=20150107160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SONC&trade=1673949&end=20150107160000&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

SONC Trade on Jan 7, 2015 15:34 from cdoor4: Tradervue User Stock Trades.

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