SNDK Trade on Mar 27, 2015 09:54 from cyZ: Tradervue User Stock Trades.

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cyZ

 

C C looking for bottoming bounce on former strong quality stock
Didn't wait for the best setups, just impulsively jumping in then taking very small stops when things didn't work out. Very poor job scaling out at topR to lock in some profit. This was still weak most of the day. In fact, being on the short side would have been much more profitable until last 2 hours of the day.

Poor use of 5M chart. There was a lot of good info on the 5M

1)
09:54
Le 64.93 -- impulsive chase on flag bo from 64.80
Flat 65.00 -- scalp it into VWAP
grade: D / B

2)
7 minute gap
10:02
Reenter le 64.87 -- now holding 64.79 on 1M
Add 64.89 -- pb after higher H 65.22 against 64.79
Add 64.89 -- consol .79 x .90 for 6M
Add 64.82 -- consol now 9M
X1 65.37 -- exit 1/3 into NH
Add 65.04 -- add back exit on pb to 65 area
Add 65.11, 65.10 -- double position agains 65.00
Stoppd 64.93 -- didn’t notice til afterwards that 5M chart had 3 consecutive down candles before breaking below 65.00

Grade: A / C
Good building up position in .80's consol
Good first exit; possibly take more off
Consider taking more off as it formed lowerL
Defnitely needed to cut size based on 5M chart, pay more attention to 5M chart.

3)
2 min 25 seconds gap
le 64.84 -- impulsive, rolling over
x 64.85 -- GTFO
Grade: D / B

4)
54 min later
le 64.14 -- buy spike down for possible 2bot
x1 64.31 -- sell 16% into pop
add 64.34 -- add on pb; hesitatant, had .30 entry
x2 64.36 -- sell 45%, feeling dicey, strong pb after HOM 64.50
add 64.23 -- add back on pb; poor, 64.15 was S, 4 down 5M candles in a row
stop 64.14 -- lowerL bd

Grade: A / C
very good RR entry
needed to scale out more
Use 5M chart to avoid going counter trend.

5)
90 seconds later
le 64.13 -- terrible entry, looking for 3bot, but 4 down 5M candle in a row
stop 64.07 -- NLOM
Grade: F / C

6)
90 seconds later
le 64.14 -- no reason
stop 64.10 -- realize that weak 5M vol not indicative of a bottom
Grade: F / C

7)
10 min later
le 64.04 -- 5M vol pop, looking to see if 64.00 will hold
add 64.05 --

add 64.06 --
stop 63.94 -- stopped
Grade: B / B

8)
16 minutes later
le 63.77 -- 5M vol pop
stop 63.63 -- NLOM
Grade: B / A

9)
3 minutes later
le 63.66 -- buy spike down pb (LOM 63.56)
add 63.65
add 63.79
add 63.78
*** didn't take any off into 63.95 HOM
stop 63.72 -- sell stop hit on lowerL
*** turned out just a stop run, LOM 63.69
Grade: A / B

10)
6 minutes later
le 63.96 -- get back in
add 63.86
*** didn't take any off into s2r 64.11
x1 63.98 -- felt wrong to exit, feeling the possible turn up after pb
add 64.05 --
add 64.13 -- too close to 64.11-64.20 topR
*** feeling nervous, getting oversized
stop 64.09 -- still holding bottom of R here
Grade: B / C

11)

9 M later
le 64.23 -- making higherH
add 64.22
stop 64.18 -- no FT, GTFO
Grade: B / B

12)
30 seconds later
le 64.09 -- reenter botR
add 64.09
x1 64.16 -- exit 25% topR
add 64.16
stop 64.09 -- no FT, tape breaking down
Grade: B / C


Execution detail:

Date/time Symbol Side Price Position
2015-03-27 09:54:26 SNDK buy $64.930 long
2015-03-27 09:55:23 SNDK sell $65.000 0
2015-03-27 10:02:58 SNDK buy $64.870 long
2015-03-27 10:08:58 SNDK buy $64.890 long
2015-03-27 10:16:28 SNDK buy $64.890 long
2015-03-27 10:19:27 SNDK buy $64.820 long
2015-03-27 10:30:20 SNDK sell $65.370 long
2015-03-27 10:32:13 SNDK buy $65.035 long
2015-03-27 11:05:58 SNDK buy $65.110 long
2015-03-27 11:07:45 SNDK buy $65.100 long
2015-03-27 11:37:51 SNDK sell $64.930 0
2015-03-27 11:40:16 SNDK buy $64.840 long
2015-03-27 11:45:04 SNDK sell $64.850 0
2015-03-27 12:39:18 SNDK buy $64.140 long
2015-03-27 12:40:42 SNDK sell $64.310 long
2015-03-27 12:51:09 SNDK buy $64.340 long
2015-03-27 13:00:55 SNDK sell $64.360 long
2015-03-27 13:13:42 SNDK buy $64.230 long
2015-03-27 13:16:41 SNDK sell $64.140 0
2015-03-27 13:17:14 SNDK buy $64.130 long
2015-03-27 13:18:32 SNDK sell $64.070 0
2015-03-27 13:20:08 SNDK buy $64.140 long
2015-03-27 13:26:09 SNDK sell $64.100 0
2015-03-27 13:36:29 SNDK buy $64.040 long
2015-03-27 13:38:49 SNDK buy $64.050 long
2015-03-27 13:42:33 SNDK buy $64.060 long
2015-03-27 13:47:31 SNDK sell $63.940 0
2015-03-27 14:03:17 SNDK buy $63.770 long
2015-03-27 14:05:11 SNDK sell $63.630 0
2015-03-27 14:08:23 SNDK buy $63.660 long
2015-03-27 14:08:24 SNDK buy $63.650 long
2015-03-27 14:14:04 SNDK buy $63.790 long
2015-03-27 14:14:22 SNDK buy $63.780 long
2015-03-27 14:28:57 SNDK sell $63.720 0
2015-03-27 14:35:00 SNDK buy $63.960 long
2015-03-27 14:36:49 SNDK buy $63.860 long
2015-03-27 14:53:54 SNDK sell $63.980 long
2015-03-27 14:54:48 SNDK buy $64.050 long
2015-03-27 14:58:17 SNDK buy $64.130 long
2015-03-27 15:01:57 SNDK sell $64.090 0
2015-03-27 15:10:43 SNDK buy $64.230 long
2015-03-27 15:10:44 SNDK buy $64.220 long
2015-03-27 15:11:34 SNDK sell $64.180 0
2015-03-27 15:12:04 SNDK buy $64.090 long
2015-03-27 15:12:30 SNDK buy $64.090 long
2015-03-27 15:18:27 SNDK sell $64.160 long
2015-03-27 15:22:08 SNDK buy $64.160 long
2015-03-27 15:23:41 SNDK sell $64.090 0


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