CAG Trade on Apr 27, 2015 10:40 from Driver42_BOWS: Tradervue User Stock Trades.

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Driver42_BOWS

 

Shorted off pullback and bounce down off the 5 min 20ma.
Instead of placing my stop just a cent or two above the resistance I gave it 5cents due to being stopped out on the exact top or bottom of move.
Felt quite confident that I had placed it well when the price moved up towards it and met resistance, then it popped 6 or 7 cents and took me out - exactly at the high of the move.
Even though I am in demo mode it's amazing how often I get taken out this way.


Execution detail:

Date/time Symbol Side Price Position
2015-04-27 10:40:06 CAG sell $37.320 short
2015-04-27 10:40:06 CAG sell $37.320 short
2015-04-27 11:34:51 CAG buy $37.430 0
2015-04-27 11:59:40 CAG sell $37.340 short
2015-04-27 13:08:24 CAG buy $37.460 0


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