PAY Trade on Oct 5, 2012 12:50 from ckz8780: Tradervue User Stock Trades.

Longside intraday short breakdown. Great setup, good entry (but not great), good exit on half but bad exit on the 2nd half. I shorted this at $33.41 which was the official break spot. In retrospect I think it would have been better to short the bounce to $33.60 right before that. I set my stop at $33.64 and covered half at $33.25 but then when the stock spiked up immediately after I covered the 2nd half for $33.46 because it was above my short price. It was correct to cover it to prevent the trade from going negative but if I had shorted in the correct place I wouldn't have had to do that and could have held it all the way to below $31 which was my target. I knew it would stall at $33.25 but I did not really expect it to bounce 30 cents there. Either way the main issue on this was just an incorrect entry cause everything else would have been fixed with a correct entry! Closed 16 bucks profit overall.