CMCM Trade on May 14, 2015 12:33 from tradejazz: Tradervue User Stock Trades.

Could not decide to short. No reliable signal for me.
4x (1/4) Risk
Followed chat call in.
Take 1/2 at 5c
Stopped 1/2 at -3c spread was 3c.

WEEKLY_REVIEW: There was not reason to sell. Stay committed to ideas. Let winners run. Add to winners at first good opportunity.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-14 12:33:45	CMCM	sell	$29.500	short
2015-05-14 12:37:02	CMCM	buy	$29.450	short
2015-05-14 12:39:22	CMCM	buy	$29.530	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2498114&end=20150613&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2498114&end=20150514160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2498114&end=20150514160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JDN6832_BOWS

2015-05-14 22:44:58

You need to let a stock do its thing. Go back and look at the chart...it never did anything wrong and shouldn't have stopped you out.

tradejazz

2015-05-14 23:40:35

I agree, I re-set the stop after taking the 0.05 gain. The original stop was between HoD and recent high of the previous pullback. It "felt" like too much risk and I was at 4x risk for my trade plan, and that drove my stop decision.

CMCM Trade on May 14, 2015 12:33 from tradejazz: Tradervue User Stock Trades.

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