CPXX Trade on Jun 24, 2015 09:37 from jmos_BOWS: Tradervue User Stock Trades.

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jmos_BOWS

 

Play: ORB

Stock looked like a short but squeezed. I wanted to see if it was going to hold the VWAP or not. It did hold after it consolidated right above it with clear range. When it broke out, I got in. Got a pretty bad fill. I wanted to get in around 2.91/2.92 but got 2.97. Since it was a chase and it was stalling at round #, i took small off to decrease risk. Not a great sell but round #'s are part of my reasons to sell and i had a bad entry. I then scaled out as it kept ripping higher, small as i wanted to get most of the move. Kept 1/5th for lotto shares as it was doing big volume and thought another squeeze could happen as it was holding 3 but stocks haven't been going parabolic for a couple weeks now so should have taken more off at HOD. Oh well, traded process and not PnL which is annoying as i was up much more but had it squeezed and ran to 3.5 which was my next target, i would have cried either way haha

Reasons to sell: round # and chased entry (bad fill), spike, parabolic


Execution detail:

Date/time Symbol Side Price Position
2015-06-24 09:37:45 CPXX buy $2.970 long
2015-06-24 09:38:10 CPXX sell $3.000 long
2015-06-24 09:38:24 CPXX sell $3.070 long
2015-06-24 09:39:01 CPXX sell $3.110 long
2015-06-24 09:40:34 CPXX sell $3.220 long
2015-06-24 09:44:04 CPXX sell $3.230 long
2015-06-24 10:00:10 CPXX sell $3.020 0


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