ROSE Trade on Feb 25, 2015 14:36 from EliBrown: Tradervue User Stock Trades.

Stock gapped down yesterday and continued downwards for the day. Looked like shorts were covering and buyers flowing in. I went short at 18.97 with the anticipation of a crack below the EMAs. I had a stop-loss placed at 19.13. Stock didn't breakdown like I had hoped and I ended up covering my shares for a small gain at 18.88.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-02-25 14:36:51	ROSE	sell	$18.970	short
2015-02-25 15:19:02	ROSE	buy	$18.880	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ROSE&trade=1987007&end=20150327&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ROSE&trade=1987007&end=20150225160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ROSE&trade=1987007&end=20150225153502&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Driver42_BOWS

2015-02-25 20:27:37

If shorts were covering and buyers were coming in you should have joined them. Don't try swimming against the current.

EliBrown

2015-02-25 21:05:03

Very true. Mental error. Thank you for the feedback.

ROSE Trade on Feb 25, 2015 14:36 from EliBrown: Tradervue User Stock Trades.

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