Shared by
tee
Day Chart: broke out of base off MAs, pushing past the recent pivot
Buy: just did 2nd tap at day high, pulling back to 9 and 20, which has held as support all day. bought at the 9 after seeing the 20 hold.
Order:
price
9 (rising)
20 (rising)
VWAP
stochastics - just turned positive
Sell: trailing stop to protect gains, going with the idea of taking profits and moving on quick to build up capital. sucks cuz I got stopped by $0.01 before it pushed to new highs. stopped 12.81, ran to 13.12 high.
Lesson: could have used the idea of last candle low as my stop. that would have kept me in for the run, although it leaves you vulnerable to losing much profit on a large candle. thats it though - watching the pnl vs playing the charts.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-30 13:01:00 | SDRL | buy | $12.665 | long |
| 2015-04-30 13:30:00 | SDRL | sell | $12.810 | 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!