SUNE Trade on Nov 13, 2015 09:37 from swinging_long: Tradervue User Stock Trades.

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swinging_long

 

This is a perfect example of two things:

1) why I should always take the income trade when it becomes available to me. What this means is that I should take my original risk off the table once the market makes it available to me. For example, if my original risk was .10c, if the market gives me .20c, I should take 1/2 of my position off so that I lock in a few bucks. Even if the second half comes all the way back to my stop price, I still end up making a few bucks.
2) Why I shouldn't add to my original entry (for now at least) because it messes with my average entry price and messes with my head. Had I left my stop where it was, this would have been a $115 trade.


Execution detail:

Date/time Symbol Side Price Position
2015-11-13 09:37:39 SUNE buy $4.540 long
2015-11-13 09:49:58 SUNE buy $4.750 long
2015-11-13 09:51:26 SUNE sell $4.700 long
2015-11-13 09:52:25 SUNE buy $4.710 long
2015-11-13 09:52:45 SUNE sell $4.650 long
2015-11-13 09:52:45 SUNE sell $4.650 0


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