RIMM Trade on Sep 28, 2012 11:11 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

Longside intraday short breakdown/gap fill. This was a really good trade. I hit it with pretty good size, at the right time, and made about 80 bucks on it being very patient. the one thing I wish I'd have done better is not covered the first half so early, but since it was an anticipatory play (anticipating it would break the low of the day if it breoke $7.90) it made sense to cover partial there in case it didn't. I think in the future instead of covering at that point I will hold and ADD if it breaks as that was the major break spot and I could have turned this into a home run. Even the add at $7.57 was pretty good as I waited for confirmation (break of $7.53) and then used a limit for $7.57 to minimize my risk. I stopped out at $7.62 so the add didn't work but overall I caught about 90% of the move.


Execution detail:

Date/time Symbol Side Price Position
2012-09-28 11:11:46 RIMM sell $7.900 short
2012-09-28 11:29:16 RIMM buy $7.810 short
2012-09-28 13:14:05 RIMM buy $7.547 short
2012-09-28 14:09:24 RIMM sell $7.570 short
2012-09-28 14:20:13 RIMM buy $7.620 short
2012-09-28 14:20:13 RIMM buy $7.620 short
2012-09-28 14:20:13 RIMM buy $7.620 short
2012-09-28 14:20:13 RIMM buy $7.620 0


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