DEPO Trade on Jan 20, 2015 10:22 from Mari_BOWS: Tradervue User Stock Trades.

Made $47 profit with $25 risk. I covered the last part exactly at the top and then it started dropping again. If I had held until the afternoon, I could've made up to 7 times my risk out of it.

Stop was at $19.85 ($0.15 from entry).
RR 2:1 target was $19.40.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-20 10:22:00	DEPO	sell	$19.700	short
2015-01-20 10:40:00	DEPO	buy	$19.340	short
2015-01-20 10:48:00	DEPO	buy	$19.400	short
2015-01-20 11:12:00	DEPO	buy	$19.570	short
2015-01-20 11:14:00	DEPO	buy	$19.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DEPO&trade=1777239&end=20150219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DEPO&trade=1777239&end=20150120132900&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=DEPO&trade=1777239&end=20150120160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=DEPO&trade=1777239&end=20150120160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

n8kerns_BOWS

2015-01-20 15:19:02

Great entry! Patience isn't easy, I have the same problem. Sometimes they work right away and other times they trick you before they go.

amd2709BOWS

2015-01-21 02:21:11

Nice trade. It was a tough wait for it to break just before 1 PM. I would have exited too.

tombro

2015-01-21 03:22:35

Nice trade! Great entry. I think the loss wasn't in getting out when you did, because staying in would have cost a certain amount of emotional capital. The bummer was in missing the flat bottom breakdown at 12:55.
But hey you were positive and we can't trade every setup anyway.

DEPO Trade on Jan 20, 2015 10:22 from Mari_BOWS: Tradervue User Stock Trades.

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