SM Trade on Mar 31, 2015 10:01 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

I was too short bias when it was giving all the signals of a long. I shorted 100 shares at 51.84 and placed a stop at 52.10. I was stopped out at 52.11. The stock was riding above the VWAP (bullish) while also holding its upward trend and making higher lows (bullish). I was way to impatient. I went short another 100 shares at 52.21 after it couldn't break 52.44 resistance. I scaled in another 100 shares at 52.14. There was no set-up here. I had a stop placed at 52.40 but I flattened the trade at 52.24 because I knew it was stupid trade. The ideal short would have been as it bounced off its upward trend at 51.70 and bear flagged above the VWAP before cracking at 52.10.


Execution detail:

Date/time Symbol Side Price Position
2015-03-31 10:01:45 SM sell $51.840 short
2015-03-31 10:13:46 SM buy $52.110 0
2015-03-31 10:45:24 SM sell $52.210 short
2015-03-31 10:54:02 SM sell $52.140 short
2015-03-31 11:07:27 SM buy $52.240 0


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