ALTR Trade on Apr 13, 2015 12:58 from Driver42_BOWS: Tradervue User Stock Trades.

Shorted on break of trendline and 20ma.
Once more I have ignored the daily chart. This stock bounced off the 20ma on the daily last Thursday and made quite a run that day (five and a half dollars).
Despite going against the grain the trade gave me some profit.
I covered half at 44.3 and then set a buy order for the rest at 44.26 (5min 50ma, 15min 20ma and vwap).
Got covered and left it alone there.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-13 12:58:43	ALTR	sell	$44.550	short
2015-04-13 12:58:43	ALTR	sell	$44.550	short
2015-04-13 13:22:45	ALTR	buy	$44.300	short
2015-04-13 13:26:04	ALTR	buy	$44.260	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ALTR&trade=2385367&end=20150513&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ALTR&trade=2385367&end=20150413160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ALTR&trade=2385367&end=20150413160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

FrancisS_BOWS

2015-04-13 18:28:25

you did good here with your entry, just try to be more patient with your winners, ask yourself what is the reson to sell. If you dont have one keep the trade on. Intraday waves are normal. Create a «reasons to sell list» to know when to get out of a trade. All I see here once you were in the trade is lower highs and lower lows, this trade was not a cover at anypoint.

ALTR Trade on Apr 13, 2015 12:58 from Driver42_BOWS: Tradervue User Stock Trades.

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