Shared by
ivanka_BOWS
Continuation of a down trend from PR 2 days ago. Stock was up in the premarket yesterday morning and mainly went down yesterday and today.
Plan for today was to catch the early morning flush, and later watch for either direction.
I got stopped because I did not stick to my rule and watch the stock the first 3-4 candles without trading. I got on the second candle to catch the flush because the stock opened red, and was under the EMA and VWAP. It went the oppsoite way for just a few minutes and came back and kept going down all day.
My other trade is a long entry but the volume was much lower than the previous red volume candle so another bad entry.
Too bad as it could have been a nice easy go lucky slow, all day short play.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-05 09:38:22 | NVGN | sell | $3.150 | short |
| 2015-03-05 09:49:29 | NVGN | buy | $3.280 | short |
| 2015-03-05 09:49:29 | NVGN | buy | $3.280 | 0 |
| 2015-03-05 10:00:50 | NVGN | buy | $3.232 | long |
| 2015-03-05 10:01:53 | NVGN | buy | $3.230 | long |
| 2015-03-05 10:01:53 | NVGN | buy | $3.231 | long |
| 2015-03-05 10:05:50 | NVGN | sell | $3.190 | 0 |
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