SINA Trade on Jul 8, 2015 09:42 from nicktrabs: Tradervue User Stock Trades.

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nicktrabs

 

I had SINA on my radar today for a potential rubber band snap back to $45.08. I entered on a morning bullflag and sold off into resistance for an nice start to the day, but then I saw it moving up more and then I got jealous and wanted to re-enter. Rather than wait for a good entry I tried to re enter on a 2 candle flag when I knew in my head it would most likely pull back but I FOMO'd. right as I entered the stock pulled back and I hit my stop. I then tried to get back in on the pullback but stopped out again. I then decided to try and re-enter if it reached the top of the previous flag with a tight stop and that worked and I caught the next rip. Then I tried to re-enter twice on pullback to EMA's but it got a little choppy and I stopped out. I then decided I needed to calm down and stop and relax. Then I was able to wait and started seeing a flat line of resistance and higher highs forming. So I entered at the base of support, and sold off right at the resistance area as planned. I had 3 good trades out of all of this, but I wasted time, energy and commission fees being greedy and unhappy that I "sold too early" when in reality I had executed properly


Execution detail:

Date/time Symbol Side Price Position
2015-07-08 09:42:00 SINA buy $43.260 long
2015-07-08 09:44:00 SINA sell $43.710 0
2015-07-08 09:48:00 SINA buy $43.720 long
2015-07-08 09:49:00 SINA sell $43.450 0
2015-07-08 09:50:00 SINA buy $43.460 long
2015-07-08 09:51:00 SINA sell $43.300 0
2015-07-08 09:54:00 SINA buy $43.930 long
2015-07-08 09:55:00 SINA sell $44.350 0


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