PTBI Trade on May 5, 2015 12:16 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

Flagging near HOD and riding the 9EMA on the 5m chart and 9EMA catching up on the 15m chart.

I had absolutely no reason to sell aside from the fear of the trade coming back to my entry and stopping me out. These opportunities come up several times a week. As a trader, it's my responsibility to be in these trades and ride them out as these are the homeruns that make my week/month/year. Had I followed my rule of moving my stops up after every new high to the previous consolidation zone, I could have easily ridden at least 75 shares into the 7's. Assuming, I made it to $7 with the last 1/2, I would have made $106 more than I did.

Follow the system - take the 1st 1/2 off after the 1st pop and then ride the rest by moving the sell stop beneath he consolidation area after every new high.


Execution detail:

Date/time Symbol Side Price Position
2015-05-05 12:16:26 PTBI buy $5.090 long
2015-05-05 12:18:11 PTBI sell $5.270 long
2015-05-05 12:34:08 PTBI sell $5.600 0


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