PWER Trade on Sep 27, 2012 10:33 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

LOD break. PWER had a very weak close the day before and had gapped up so I used the green to red trigger as a spot to enter at $5.56 short. It actually worked quite well but there were a couple things I could have done better. First I could have assumed that it would at least head back to lows when it cracked $5.68 around 10am, and also I could have taken some profit when I was up 10 cents rather than let it come all the way back to stop out for just a $7.50 gain. Here's a chart showing where I actually shorted (the little red arrow) and where I should have shorted (the yellow line):

http://twitpic.com/ayxbt9/full


Execution detail:

Date/time Symbol Side Price Position
2012-09-27 10:33:34 PWER sell $5.560 short
2012-09-27 10:33:34 PWER sell $5.560 short
2012-09-27 10:33:34 PWER sell $5.560 short
2012-09-27 11:20:42 PWER buy $5.550 0


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