FPRX Trade on Oct 16, 2015 09:33 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

The stock was consolidating nicely on the 15m chart and appeared to be forming a flag. I started in at $27.40 just to test the waters and then screwed up the trade when I added at $28.26. I had the right idea and it ended up playing out but I wasn't patient and didn't wait for the setup to appear. This is a great lesson in being patient and avoiding FOMO. Had I waited for the tighter consolidation around 10-10:30AM at the $27.60ish level, I would have been in this trade.


Execution detail:

Date/time Symbol Side Price Position
2015-10-16 09:33:03 FPRX buy $27.400 long
2015-10-16 09:34:02 FPRX buy $28.260 long
2015-10-16 09:36:01 FPRX buy $28.000 long
2015-10-16 09:41:23 FPRX sell $27.680 0


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