JPM Trade on Apr 17, 2015 09:39 from camilogomez38: Tradervue User Stock Trades.

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camilogomez38

 

Looking at the 30 minute chart 63 was a possible support area because of a trendline and because it was the gap it needed to defend to show strong commitment on earnings BO.

I keep failing on entering correctly my trades because I am afraid of missing out (I can't keep doing this).

Doing the review, the first 30 minutes traded on a range from 63 to 63.20ish, now, my plan was to buy at 63, so it is bad that I buy at the high end of the range because I am afraid of missing the move. At the end the play did not work as the stock edge lower to close at 62.85 (with a 62.50 low). However, I should not have given away the first .25 points, if something I should have gained those when I saw the stock was reversing again or at least got out flat.


Execution detail:

Date/time Symbol Side Price Position
2015-04-17 09:39:32 JPM buy $63.250 long
2015-04-17 09:49:00 JPM sell $63.010 0
2015-04-17 10:10:21 JPM buy $63.030 long
2015-04-17 10:18:40 JPM sell $63.030 0


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