Shared by
ckz8780
Intraday bounce short. This was played fairly well but I might have been a bit early on the entry. I added after it bounced in the late afternoon so I could close it higher since it didn't seem too explosive to the downside. I ended up covering just before it really dropped hard, but not bad. Good trade overall. +$302.50
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2012-12-19 11:21:32 | AFFY | sell | $20.010 | short |
| 2012-12-19 14:19:10 | AFFY | buy | $19.610 | short |
| 2012-12-19 14:47:12 | AFFY | sell | $19.640 | short |
| 2012-12-19 15:08:10 | AFFY | buy | $19.420 | short |
| 2012-12-19 15:08:10 | AFFY | buy | $19.420 | 0 |
Comments
derekrucki
I took this trade as well but waited until later to get in. I also did not have the patience to ride it down like you did and I have no idea why since it was making lower highs on the 5min. Great trade
kunal00
good first trade! perfect entry on the 2nd trade but you didnt wait for the flush! neither did i though i chikened out. overall a solid B+ on the trade
ckz8780
Thanks Kunal! Yeah I had a goal to make 300 bucks on it so I just cut it when I hit the goal! my original target was $19.27 but it was taking so long I didn't think it would get there then as soon as it cracked that $19.46 it tanked and that's right where I covered! Ha I could have made another $200 if I held like 20 more min! Oh well
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
I looked at this one. It was triggering right about the time I was calling it quits for the week. Nice solid play, good patience riding out the chops.