WBAI Trade on Apr 9, 2015 10:24 from EliBrown: Tradervue User Stock Trades.

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EliBrown

 

Took a bit to much risk on this trade. When the price action was curling up through the VWAP I was thinking about entering but wasn't confident enough. When the stock popped through the EMAs I got a bit of FOMO and entered a 400 share position at 16.24. I had a mental stop around 16.09. I scaled out 100 shares into the first pop at 16.58. When the stock began pulling back deeper and couldn't go green I sold my remaining shares, getting filled at 16.26. The tape was a little more difficult to read on this one but larger red prints when testing the red to green breakout level at 16.53 gave clues. A big give away that would have saved me from even entering this trade was paying attention to how extended the stock was while attempting to go red to green. The ideal entry came just after lunch time when it was flat topping at 16.50 with the EMAs squeezing.


Execution detail:

Date/time Symbol Side Price Position
2015-04-09 10:24:36 WBAI buy $16.240 long
2015-04-09 10:31:37 WBAI sell $16.580 long
2015-04-09 10:37:01 WBAI sell $16.260 0


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