P Trade on Mar 13, 2015 11:58 from foldelinio_BOWS: Tradervue User Stock Trades.

199.64M/16.80%/96.30%

Stop: 16.50$
R: -1

Same stupid mistake like my trade in $W today. I don't know, what it is, but this pattern gets me everytime. I miss a runner in the mornig and want a piece of the cake. I wait for a pullback and hop in at the first sign of strengh. The key to this pattern is the flush that kills the longs....in this case, it was below 16.40$ were the stops were located. I entered above, there were no buyers and got stoped out...like a sheep.

I even added!!!

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-13 11:58:25	P	buy	$16.760	long
2015-03-13 12:14:29	P	buy	$16.700	long
2015-03-13 12:16:46	P	sell	$16.520	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=P&trade=2056486&end=20150412&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=P&trade=2056486&end=20150313144146&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=P&trade=2056486&end=20150313134046&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-03-15 22:45:09

cant take thi at luch..u took a short range mini pullback setup that only works at the open.. at lunch u need deeper pullbacks

foldelinio_BOWS

2015-03-16 16:59:09

thx Kunal. I just repeat every mistake 5 or 6 times just to make sure...you know^^
As a matter of fact, I hate this kind of trade. The move is already over, news/rumors priced in and I'm always eager to jump into the meat grinder to pick up a few pennies. I just won't do it anymore.

kunal00

2015-03-16 22:53:51

too late for 9ema pb too! thats a morning play!

P Trade on Mar 13, 2015 11:58 from foldelinio_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax