MXL Trade on Nov 5, 2015 10:36 from Mari_BOWS: Tradervue User Stock Trades.

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Mari_BOWS

 

2R

ENTRY: I saw the price pulling back to the support level visible on the 15-min chart. The levels were $16.18 and $16.20. I set a limit order to execute under $16.30 with a stop under the support level at $16.16.
I would've been able to get a better entry if I had set the limit order under $16.22, but I had FOMO. The price pulled back all the way to $16.18.

EXIT: I exited when the price had pulled back to the VWAP and seemed extended.

If I had entered at $16.22, with stop at $16.16, my R/R where I exited at $16.58 would've been 6R!


Execution detail:

Date/time Symbol Side Price Position
2015-11-05 10:36:11 MXL buy $16.300 long
2015-11-05 11:13:32 MXL sell $16.580 long
2015-11-05 11:56:05 MXL sell $16.570 0


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