ACAD Trade on Jul 16, 2015 09:52 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

Was eying this trade for the breakdown. Stock pulled down in one candle. Was able to catch an entry during the pull and covered near the whole number. My plan was to be patient for the break below $49 towards $48.50 and then cover. As the price came back towards my entry price, I decided to reshort my covers as the this area seemed like a significant area based on the price action from the day before. As I was adjusting my stops, price shot up and I didn't have a plan. Hoping to average up and cover on a dip, I shorted more at .75 and used the HOD as a stop. Price continued to push higher so I stopped out for a nice loss.


Execution detail:

Date/time Symbol Side Price Position
2015-07-16 09:52:38 ACAD sell $49.373 short
2015-07-16 09:54:35 ACAD buy $49.097 short
2015-07-16 09:56:29 ACAD sell $49.380 short
2015-07-16 10:00:59 ACAD buy $49.520 short
2015-07-16 10:03:39 ACAD sell $49.748 short
2015-07-16 10:09:14 ACAD buy $49.950 0


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