MTG Trade on Mar 20, 2013 09:53 from NWJames_BOWS: Tradervue User Stock Trades.

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NWJames_BOWS

 

daily bull flag breakdown. saw trend yesterday so was ready. 1st trade: 1/2 size since stop was ~1% and pattern was not cleaned to me. Should sell 1/2 but my mind was stuck on a number to sell at for next resistance (Metal note: take profit on 1/2 when it is extended); had to cover all since it was coming up on strong volume; 2nd trade: Saw it breaking down at 3 min for another short entry, but later discover 5 min trend is extended; need to get out ASAP; (I could have hold on, but I violated my own rules for not getting into extended stock so exit)


Execution detail:

Date/time Symbol Side Price Position
2013-03-20 09:53:00 MTG sell $4.750 short
2013-03-20 10:35:00 MTG buy $4.700 0
2013-03-20 10:55:00 MTG sell $4.640 short
2013-03-20 11:00:00 MTG buy $4.640 short
2013-03-20 11:00:00 MTG buy $4.640 0


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