AFFY Trade on Jul 9, 2012 09:54 from ckz8780: Tradervue User Stock Trades.

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Shared by
ckz8780

 

WIN

  • Setup: Range Breakdown (short)
  • Entry: $12.56
  • Shares: 500
  • Stop: $12.62
  • T1: $12.40
  • T2: $12.14
  • Reward:Risk Ratio (T1): 2:1
  • Exit: $12.29/$12.15
  • Profit/(Loss) With Commission: $163.00

  • Details: Daily range breakdown. AFFY had been tapping the $12.50 area for two months and finally cracked it. I actually expected the flush to be a lot more dramatic than it was but overall this was a good trade. Only thing I think I could have done better was hold the short a bit longer before my first cover (even though I covered below my first target!), but I suppose that's the case with every trade...hindsight is 20/20. My reward to risk was still HOT on this one!


Execution detail:

Date/time Symbol Side Price Position
2012-07-09 09:54:50 AFFY sell $12.560 short
2012-07-09 11:22:56 AFFY buy $12.290 short
2012-07-09 12:58:39 AFFY buy $12.150 short
2012-07-09 13:29:08 AFFY buy $12.200 0


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