SHAK Trade on Mar 23, 2015 10:02 from EliBrown: Tradervue User Stock Trades.

Gravatar

Shared by
EliBrown

 

I chased my entry on this trade. My plan for this stock was enter on a flag below 47.00 and to watch for rounding price action if it opens weak. The ideal entry was at 46.80 as it was rounding upwards into the VWAP. I entered 100 shares at 47.11 on a confirmed break of the VWAP. I could have had a much larger position here but I had chased my entry already so I kept it lower. I scaled out 50 shares at 47.73. I re-added 300 shares (WAY to much) at 47.57. I moved my stop from 46.80 to 47.34. I ended up turning a gain into a loss and exiting my 350 shares at 47.41. I should have added a max of 100 shares here. I was getting way to aggressive with the hopes of making back some losses.


Execution detail:

Date/time Symbol Side Price Position
2015-03-23 10:02:54 SHAK buy $47.110 long
2015-03-23 10:13:57 SHAK sell $47.730 long
2015-03-23 10:32:40 SHAK buy $47.570 long
2015-03-23 10:55:23 SHAK sell $47.410 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in