NFLX Trade on Sep 15, 2015 11:33 from ToqueX: Tradervue User Stock Trades.

Shared by
ToqueX

Grade=D

The setup: chasing momentum (bad idea without a solid setup)

The result: Lucky for me, the momentum was strong because the entry was not. A few minutes later at the bottom of the next candle would have been acceptable and the 2m chart could have helped me with that and it even showed some rounding up action there. Nonetheless, this was a strong move and at least I scaled out effectively. I can't get more than a D with a bogus entry like this. I'm trying to prevent bad habits and avoid "pure luck" trades.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-09-15 11:33:01	NFLX	buy	$96.420	long
2015-09-15 11:41:04	NFLX	sell	$96.790	long
2015-09-15 11:48:02	NFLX	sell	$97.250	long
2015-09-15 11:49:57	NFLX	sell	$97.030	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=3529625&end=20151015&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=3529625&end=20150915160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=3529625&end=20150915141457&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NFLX&trade=3529625&end=20150915121457&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

NFLX Trade on Sep 15, 2015 11:33 from ToqueX: Tradervue User Stock Trades.

Leave a comment about this trade!

Editor syntax