Day Chart: large green candle on volume
Buy: pullback held the 9 and 20 and started flagging. bought when it closed above 9 but was partial filled and ended up buying rest higher.
Order:
price
9 (rising)
20 (rising)
stochastics - postitive
Sell: I was going for a 3x breakout, it peaked through highs then returned to the MAs. Should have been a clue to sell but lessons from previous trades, I need to be more patient and let the stock work itself out. Once the MAs couldnt hold, I sold out.
Lesson: The entry was key. Had I had the patience to let my partial fill complete (it spiked higher and gave me the FOMO), I would have been in a position to sell the pause around $2.50 because that would have been a decent enough move. Cray stock broke out in last 2 5min bars to the new highs.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-01 13:07:00 | ICLD | buy | $2.410 | long |
2015-05-01 14:35:00 | ICLD | sell | $2.420 | 0 |
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!