PRGS Trade on Oct 8, 2012 11:09 from ckz8780: Tradervue User Stock Trades.

Gravatar

Shared by
ckz8780

 

Shorted weakness under $19 and the 5 min 20sma. It actually worked really well but I got a little greedy and didn't cover in the 18.50s where I should have. When it started to look like it was going to squeeze around 12:10pm I covered it all. I should have covered half at the LOD $18.59 and held the other half strong with a stop at b/e. Overall I think it was greed that killed this trade for me as I had multiple chances to cover in the $18.50-$18.60 range and didn't take them, which made me trigger happy at the first sign of strength. Made $50.


Execution detail:

Date/time Symbol Side Price Position
2012-10-08 11:09:17 PRGS sell $18.930 short
2012-10-08 12:20:37 PRGS buy $18.700 short
2012-10-08 12:20:37 PRGS buy $18.700 short
2012-10-08 12:20:38 PRGS buy $18.726 short
2012-10-08 12:24:19 PRGS buy $18.820 short
2012-10-08 12:24:19 PRGS buy $18.820 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in