CMCM Trade on Jun 4, 2015 10:05 from ToqueX: Tradervue User Stock Trades.

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Grade=D

The setup: pullback/retracement

The result: Got stopped out. I actually think the entry looks good from some angles (without Mr. Hindsight of course).

The exit: I don't like the exit here. I should have moved up my stop to break even after the bump up .20 and not taken any losses here.

The lesson: I guess I kept my original stop to let the stock "play out". Sometimes this is the right tactic, but I need to develop a better feel for when that's appropriate and when to get the heck out with my microgain.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-06-04 10:05:11	CMCM	buy	$33.400	long
2015-06-04 10:05:11	CMCM	buy	$33.400	long
2015-06-04 10:12:37	CMCM	sell	$33.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2901204&end=20150704&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2901204&end=20150604160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2901204&end=20150604124237&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CMCM&trade=2901204&end=20150604104037&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CMCM Trade on Jun 4, 2015 10:05 from ToqueX: Tradervue User Stock Trades.

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