RIMM Trade on Dec 21, 2012 09:35 from derekrucki: Tradervue User Stock Trades.

Was looking for an opening drive play but there just wasn't any juice to the downside so I got stopped using the high of the previous 1min candle which was a good out because the stock went on to rally. Still good for 14cents. Missed out on a pretty obvious trade when it stopped at the 12.20 area which was pre mkt support and I should have leaned into a short there when it was showing weakness. Just never pulled the trigger but my thought was correct.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-12-21 09:35:42	RIMM	sell	$11.750	short
2012-12-21 09:43:52	RIMM	buy	$11.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RIMM&trade=321801&end=20130120&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RIMM&trade=321801&end=20121221121352&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RIMM&trade=321801&end=20121221160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=RIMM&trade=321801&end=20121221160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ckz8780

2012-12-21 20:11:03

Your thought was dead on bro. I hit it right at $12.20 short but like a wuss I covered it for 13 cents! I hate starting out the morning with a loss and just wanted a quick gain to start my day but damn it coulda been a $300+ trade if I hadn't been such a baby! Good job on yours anyway, those opening drive plays are a gamble at best but you seem to be pretty good at nailing them!

RIMM Trade on Dec 21, 2012 09:35 from derekrucki: Tradervue User Stock Trades.

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