MAT Trade on Apr 28, 2015 11:07 from Driver42_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
Driver42_BOWS

 

After yesterdays sell off a double bottom formed intraday.
This coincided with a bounce off the 15min 200ma
Went long at 28.54
Price hovered around for a while, usually in profit, but only just.
I thought about exiting but then remembered all of the trades that took off without me just after I exited for a minor gain.
Unfortunately this was not one of those times, at least not yet.
Exited with a small loss even though the double bottom had not been violated.
It may be the wrong move, but as the price was stagnant for a long time I should have exited earlier.
If it isn't moving there is no point being in it


Execution detail:

Date/time Symbol Side Price Position
2015-04-28 11:07:07 MAT buy $28.540 long
2015-04-28 11:07:07 MAT buy $28.540 long
2015-04-28 12:02:43 MAT sell $28.480 long
2015-04-28 12:02:43 MAT sell $28.480 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in