SCTY Trade on May 6, 2015 10:16 from camilogomez38: Tradervue User Stock Trades.

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camilogomez38

 

Nice trade. I had 60 as possible failure level, which failed twice before breaking out. I entered right on the uptrend and my stop was really tight.

I decided to sell half once it hit 60, and keep the rest for the BO. I hit another half of what I had once it slowed at 60.50 area, and kept the rest for a move to 62

Review

Nice trade, although, I could have managed it a lot better as this one is one of my favorite plays and the stock was showing relative strength.
As soon as I saw 60 going through I should have added big for BO momentum play, instead of selling half (Probably Tier 3). I could have gone back to Tier 1 once it slowed at 60.50 area, and added again Tier 2 after second push above 60.50. I could have sold one tier at 61.21 once topping 2 min candle was confirmed, and keep the rest for a move to 62 with the same SL


Execution detail:

Date/time Symbol Side Price Position
2015-05-06 10:16:10 SCTY buy $59.620 long
2015-05-06 10:23:15 SCTY sell $60.070 long
2015-05-06 10:26:16 SCTY sell $60.550 long
2015-05-06 10:57:30 SCTY sell $60.280 0


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