INCY Trade on Sep 14, 2015 13:24 from CoolDragon888_BOWS: Tradervue User Stock Trades.

got in thinking it was gonna bounce off the MA and run; started to go against me but felt that the stock was gonna moved. bought more shares...normally a no-no but felt good about the trade; my line in the sand was 125.60 so it tested near there and bought more shares. Sold half position after first rip $1; sold more on the way up to target of 127 before the noon time high of 127.32; I was up and done with the trade; in hindsight this thing was pulling back and getting to breakout again above its lower high; ten minutes later it started to rip another dollar; What I learn: initial entry should be better; lucky that averaging down worked in this instance; had the right idea about 127; I'm am still up in this trade; good job overall


Execution detail:

Date/time Symbol Side Price Position
2015-09-14 13:24:51 INCY buy $126.287 long
2015-09-14 13:29:09 INCY buy $125.863 long
2015-09-14 13:37:20 INCY buy $125.663 long
2015-09-14 13:44:18 INCY sell $126.498 long
2015-09-14 14:00:14 INCY sell $126.710 long
2015-09-14 14:21:06 INCY sell $127.060 0


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