AAPL Trade on Sep 30, 2015 12:07 from Holden: Tradervue User Stock Trades.

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Holden

 

I want to try to figure this out… what makes this set up so difficult for me to attack appropriately? Is is that I so often look for continuation that I dont have this reversal play in the top of mind? is it that I was so focused on the long move up that I missed that I did not adjust my thinking enough? Is it that I am concerned of getting chopped up in the middle of the session?

When a name is an defined downtrend on a larger time frame and despite morning strength gets and holds below a key resistance level (111) I need to be looking to short the name against that level looking for a reversal. Maybe its just needing more reps or being more open to the idea but this is such a powerful play that I want to be working to put myself in a position to catch this as often as possible with names in larger downtrends. Work here, practice this and refine my rules for this set up.

I can put myself in a much better position by looking for a short against 111 not waiting for the action to confirm below 110.

This is fine but there is so much more in the play.


Execution detail:

Date/time Symbol Side Price Position
2015-09-30 12:07:17 AAPL sell $109.460 short
2015-09-30 12:10:32 AAPL buy $109.315 0
2015-09-30 14:35:31 AAPL sell $108.878 short
2015-09-30 14:43:53 AAPL buy $109.000 0


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