VLTC Trade on Apr 1, 2015 09:43 from J_mudzy: Tradervue User Stock Trades.

Tried playing an opening range breakout/down, bounce, short opportunity. Enough said that my setups weren't valid and I got in a whipsaw of trades. Stopped trading this stock till it formed a trend later on in the day.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-01 09:43:00	VLTC	buy	$2.800	long
2015-04-01 09:48:00	VLTC	sell	$2.720	0
2015-04-01 10:04:00	VLTC	buy	$2.800	long
2015-04-01 10:05:00	VLTC	sell	$2.770	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VLTC&trade=2245623&end=20150501&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VLTC&trade=2245623&end=20150401122500&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VLTC&trade=2245623&end=20150401112900&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VLTC&trade=2245623&end=20150401102700&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

AndrewFerrara_BOWS

2015-04-01 21:11:55

I tried the same thing and my entry was at the top of that wick on the 3rd candle. Looked like an ORB to me and pulled back rather quick.

J_mudzy

2015-04-01 22:44:08

@AndrewFerrara_Bows Hey Andrew. Yeah I find the ORB's are hard to judge how fast they are going to take to breakout or breakdown. It's easy to get stuck at the opposite end of the trade. Although they can give you a nice early morning profit, they definitely can wipe out your stop in a matter of seconds.

VLTC Trade on Apr 1, 2015 09:43 from J_mudzy: Tradervue User Stock Trades.

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