OCLS Trade on Jun 8, 2015 10:26 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: Bull Flag

Stock had some news on FDA clearance. It went parabolic, then consolidated, letting 9ema catch up. It couldn't break the VWAP and held key level from previous high a couple days ago. There was a big seller which kept me away from being too aggressive but when it ran to 1.7 which was a big level, consolidated and started going, I got in. I scaled out way too fast my first shares but kept them small bc it was just to decrease risk. I wasn't sure if the seller would come back. I then scaled out some more when it got extended. The mistake was my first sell though. My 2nd sell should have been my first sell and then HOD, that is how i like it. I scaled out twice before HOD which is not good. I then got stopped out at buy price on lotto shares.

Reasons to sell: decrease risk too early, HOD, buy price