BOX Trade on Jul 14, 2015 09:54 from Abhi_BOWS: Tradervue User Stock Trades.

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Abhi_BOWS

 

I took this trade as the stock was clearly flagging while holding the 9 ema on 2 minute time-frame which was also coincidentally at the 50 DMA. I put a buy price at this 9 ema/50DMA spot hoping for another test of the 9 ema. I wasn't willing to compromise or chase at all. Luckily the stock hit my price quick and went back up. The risk management on this stock was alright since I risked 8-10 cents for a potential 30-40 cent gain. However once the stock broke out, It began flagging extremely quickly. I was already upset due to a very profitable trade missed prior to this so I just took my profits to save me heartache. Only a few minutes later, the stock flushed and demonstrated a failed breakout, which it continued to break out later in the day. Although there was nothing too wrong with this trade, I took this under an upset mental state, which I shouldn't have. I didn't even consult my trade rules guide to add up the points for this trade.


Execution detail:

Date/time Symbol Side Price Position
2015-07-14 09:54:16 BOX buy $17.870 long
2015-07-14 10:02:27 BOX sell $18.100 0


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