PTBI Trade on May 7, 2015 14:11 from tradejazz: Tradervue User Stock Trades.

2nd: chase 8.75 / 8.94 (wider stop = doubled risk) & 0.6 R:R
Crack. WIN

Hit target at 8.6 and went on to hit 2nd, 3rd and 4th targets. (Regrets).
Could have scaled out but was worried about just going green on day,
and re-couping the loss from 1st trade.

WEEKLY_REVIEW: Setting stop higher (taking more risk with fewer shares) made this work. Add shares on confirmation or pullbacks.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-07 14:11:41	PTBI	sell	$8.750	short
2015-05-07 14:35:35	PTBI	buy	$8.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2474787&end=20150606&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2474787&end=20150507160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PTBI&trade=2474787&end=20150507160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Driver42_BOWS

2015-05-08 05:38:08

Shame, that was a nice cliff dive

tradejazz

2015-05-08 17:43:58

You nailed it. ;) Stay tuned!

PTBI Trade on May 7, 2015 14:11 from tradejazz: Tradervue User Stock Trades.

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