ARCP Trade on Feb 27, 2015 11:47 from EliBrown: Tradervue User Stock Trades.

Stock was forming a flag. I went long 1000 shares at 9.88. I have no idea why I didn't scale out some shares while the stock was making highs. I didn't pay attention to the spread I guess and was expecting a bigger move. But with my position size this was a decent gain and I definitely should have been booking profits. I allowed my stop to trigger at 9.80 although I should have been looking to exit as soon the 9 EMA was broke after highs were made.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-02-27 11:47:56	ARCP	buy	$9.880	long
2015-02-27 11:47:57	ARCP	buy	$9.880	long
2015-02-27 14:07:11	ARCP	sell	$9.840	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARCP&trade=1991339&end=20150329&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARCP&trade=1991339&end=20150227160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ARCP&trade=1991339&end=20150227140711&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2015-02-27 20:50:53

Yeah... this one is tough. I'm not sure you could have played it better ... other than not to play it. Daily doesn't scream "buy" to me. But I thought your execution was pretty good.

kunal00

2015-03-01 16:06:50

yeah not really an ideal pattern or sure how much u can get ofo it here..u handled it well but remember stick to the best patterns and best stocks

ARCP Trade on Feb 27, 2015 11:47 from EliBrown: Tradervue User Stock Trades.

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