ACAD Trade on Jul 15, 2015 09:58 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

Stalking for the parabolic pullback is a great play but execution is key. The daily chart was ripe for a pullback so I came in to the day with a short bias on ACAD. The problem is that I tried to play the frontside of the move trying to anticipate where the top might be. As always, my plays need to have a set R/R which is impossible when I don't know where the top is. If I am playing without a set top, I need to have the discipline to stop out once my max loss per trade is hit.


Execution detail:

Date/time Symbol Side Price Position
2015-07-15 09:58:16 ACAD sell $50.410 short
2015-07-15 09:58:19 ACAD sell $50.410 short
2015-07-15 09:59:30 ACAD buy $50.690 short
2015-07-15 10:03:23 ACAD sell $50.870 short
2015-07-15 10:06:26 ACAD sell $50.860 short
2015-07-15 10:06:29 ACAD sell $50.850 short
2015-07-15 10:14:27 ACAD buy $51.190 0


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