Shared by
Camglinton_BOWS
thought this was a red/green play bought into the dip looking for a reversal. The reversal happened just several hours later. with only holding two positions. I thought I might lose out on some other plays and bailed. My most frustrating day of trading to date. I traded on 5-min. but put up the 2 to show entries.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-01-27 09:32:22 | MSFT | buy | $43.060 | long |
| 2015-01-27 09:33:30 | MSFT | sell | $42.855 | 0 |
| 2015-01-27 09:38:08 | MSFT | buy | $42.590 | long |
| 2015-01-27 09:39:10 | MSFT | buy | $42.440 | long |
| 2015-01-27 09:42:07 | MSFT | buy | $42.440 | long |
| 2015-01-27 09:43:01 | MSFT | buy | $42.350 | long |
| 2015-01-27 09:44:54 | MSFT | buy | $42.240 | long |
| 2015-01-27 09:45:53 | MSFT | buy | $42.200 | long |
| 2015-01-27 10:07:47 | MSFT | sell | $42.500 | long |
| 2015-01-27 10:11:12 | MSFT | sell | $42.370 | long |
| 2015-01-27 10:13:31 | MSFT | sell | $42.350 | 0 |
| 2015-01-27 10:16:55 | MSFT | buy | $42.330 | long |
| 2015-01-27 10:17:27 | MSFT | buy | $42.300 | long |
| 2015-01-27 10:21:02 | MSFT | buy | $42.290 | long |
| 2015-01-27 10:23:03 | MSFT | sell | $42.220 | 0 |
| 2015-01-27 10:27:18 | MSFT | buy | $42.280 | long |
| 2015-01-27 10:27:42 | MSFT | buy | $42.280 | long |
| 2015-01-27 10:37:03 | MSFT | sell | $42.290 | 0 |
Comments
Camglinton_BOWS
Sayed do you have some suggestions for building a small account. I feel as though my winning days are too small and on my losing days I hit big draw downs. I think my acct is blown at this point... It seems like I tried to do just consolidated flags and master 1 style at first to build on my small account, but I feel like smart money has stopped me out often (too much size for me?). I started having looser stops and then paying price later and my L's compound. please help- don't want to throw in towel...
kunal00
how can the stock be green if its down 10 bucks
irt wuld have to GO UP 10 BUCKS TO GO GREEN
IT WOUOD HAVE TO BREAK 47.10 TO GO GREEN
ur not trading real setups here. none of these are. u got to retool....u think ur trading real setups so u can blame the markets and have a ratlionalization that soemthing must be amiss but in reality none of these trades im seeing have anything to do with the type of trading we teach. u have to simplify all this
I definitely see what you are saying. I need to go back to studying... I have trouble with too much info coming at me at one time. I would like to focus on just one set-up and perfect that until I can grasp more context. I shouldn't have said Red to Green, and see how this is not a true set-up. I tried to scalp an overextended sell, and I realize this wasn't taught in class.
I'm trying not to overtrade out of boredom, but it seems to be a big problem for me and I start gambling rather than going to the set-ups.
tombro
When you get that impulse to trade and it's an iffy setup, just write the trade down on a piece of paper, that way at the end of the day, you have only lost a little bit of lead in your pencil, and you will have gained the knowledge if you're seeing things right or not
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Lol. Remember the BC quiz. There is no red to green play in MSFT ! it is not a momentum stock