NVAX Trade on Jan 9, 2015 13:44 from mirko_BOWS: Tradervue User Stock Trades.

Shorted on what appeared to be a dead cat bounce after the initial breakdown once it broked the mini flag on the downside but no go, got stopped out on the bounce right after.

NOTE:
I broke my rule of not shorting the stock on a 1st day of the big breakout.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-09 13:44:11	NVAX	sell	$6.330	short
2015-01-09 13:44:11	NVAX	sell	$6.330	short
2015-01-09 13:53:11	NVAX	buy	$6.370	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NVAX&trade=1679377&end=20150208&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NVAX&trade=1679377&end=20150109160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-01-10 12:41:04

no short setup there. first day of a breakout 6 is gigantic support there can be no edge in shorting this 30 cents away from a huge leve

mirko_BOWS

2015-01-10 12:43:54

So true, that is my rule which I broke and this was basically a revenge trade since my first trade was a long and then it flipped and I should have stayed out of it.

NVAX Trade on Jan 9, 2015 13:44 from mirko_BOWS: Tradervue User Stock Trades.

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