MRVL Trade on Dec 27, 2012 12:23 from tdktown: Tradervue User Stock Trades.

Gravatar

Shared by
tdktown

 

Try #2

This one wasn't too bad I waited for it to clear the 7.1 to get in since that was the problem on the earlier trade. It did and gave me not quite 1r then turned around. Never gave me a chance to move stop. I actually used the tighter stop which it confirmed a few times retesting and holding. It even held with the big bounce on the congress news, I considered exiting there at break even at 7.09, but when it held in spite of the market thought it might actually go, but it finally gave up with the continued grind up on the market. With such a small stop it really needs to hit my targets to take it. Look at the M trade from today and you can see how I adjust at 90% of target but you can't do that for a nickel. I still like it lower but I guess it needs to absorb the big shock from yesterday.

Net: -.9r (-1.75r both trades)


Execution detail:

Date/time Symbol Side Price Position
2012-12-27 12:23:09 MRVL sell $7.090 short
2012-12-27 15:22:24 MRVL buy $7.150 0


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!

View plans, Sign up for free, or Log in