PTCT Trade on Mar 26, 2015 11:42 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

The ideal long entry was at 58.80 as it broke the downward trend and back above the 9 EMA. I entered when it broke the VWAP with 300 shares at 59.41. This was later then I had liked as it was a bit extended running into the VWAP. My mental stop was at 58.80. I scaled out 100 shares at 60.21 as it neared the 60 EMA. I made a mistake on my last sells. I had a sell limit placed at 60.99 for 100 shares but as it was nearing the order I got impatient and sold 100 shares at market. A couple seconds later my limit order was executed and I was out of the trade. After forming a short flag the stock popped another $1.00 which would have been the better sell point had I been more patient and just let the stock run into my limit order.


Execution detail:

Date/time Symbol Side Price Position
2015-03-26 11:42:41 PTCT buy $59.410 long
2015-03-26 12:00:25 PTCT sell $60.210 long
2015-03-26 12:49:04 PTCT sell $60.990 long
2015-03-26 12:49:05 PTCT sell $60.990 0


Comments

Gravatar buy2cvr
2015-03-26 17:55:09
 

Nice scaling out

2015-03-27 16:22:35
 

Thanks man

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