ROST Trade on Mar 13, 2013 09:41 from ckz8780: Tradervue User Stock Trades.

Morning weakness breakdown. I had this thing nailed down ALMOST perfectly! There were a couple of things I think I could have done better.

I chased the morning entry a little, as the real entry was at $56 right as it couldn't hold that morning gap. I decided to still take it though since it was an awesome daily pattern and still was breaking a significant level on the intraday chart.
Just before that last crack I gave up and covered the last 1/2 from when I doubled up at $55.50. I should have held just a liiiiitle bit longer and I could have captured that whole move down to $55.10. The reason I got out was I got that big volume spike at about 1:30 and then it started going sideways so it looked like it was going to bull flag and then push up. Guess I just didn't have the guts!

Oh well, no one is perfect. Great trade overall. +$104.86

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-03-13 09:41:25	ROST	sell	$55.820	short
2013-03-13 09:41:25	ROST	sell	$55.820	short
2013-03-13 09:50:30	ROST	buy	$55.640	short
2013-03-13 09:56:57	ROST	buy	$55.520	0
2013-03-13 10:33:18	ROST	sell	$55.700	short
2013-03-13 11:09:21	ROST	buy	$55.551	short
2013-03-13 11:22:55	ROST	sell	$55.470	short
2013-03-13 12:10:16	ROST	buy	$55.360	short
2013-03-13 13:51:35	ROST	buy	$55.391	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ROST&trade=376437&end=20130412&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ROST&trade=376437&end=20130313145635&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ROST&trade=376437&end=20130313135135&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ROST Trade on Mar 13, 2013 09:41 from ckz8780: Tradervue User Stock Trades.

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