VIPS Trade on Feb 17, 2015 09:41 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

First trade of the day was an earnings breakout. I bought on the third 5 minute candle looking for an ORB. The ideal entry would have been as the stock based out on along the EMAs & VWAP. I sold off some shares into the spike and held onto some with hopes of a continuation. As the stock was flagging it shot down below the VWAP and I was stopped out after moving my stop just below my entry price. In hindsight, it looked like it was nothing more then a shake and bake and the stock broke out around lunch time. I probably should have re-entered as there was tight coil forming instead of taking it off my watchlist after being stopped out.


Execution detail:

Date/time Symbol Side Price Position
2015-02-17 09:41:42 VIPS buy $24.230 long
2015-02-17 10:11:02 VIPS sell $24.490 long
2015-02-17 10:54:33 VIPS sell $24.200 0


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