BABA Trade on Nov 27, 2015 09:52 from chanel: Tradervue User Stock Trades.

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chanel

 

S/L 80
full size with 20 cent s/l

Target at 79.41 50% off
2nd Target = 79.21

Wanted to sell from 80 but had a second chance entry at 79.80. Lots of buyers in the 79.60 area which is daily support. When it finally broke 79.60 into the 40’s I sold 50% of my position and was waiting to see if price would test LOD but a wave of sellers came in in the 71.70’s so I sold the rest flat.

Preparation Rank: B

Stock found by Spencer and game plan was set before open. 80 was my price to enter but missed the initial move. Something I noticed is that I will miss a entry because I want to the “perfect” price so I can have the best r/r. Something I will need to adjust since I noticed on Tuesday that I missed large moves because I was waiting to get in at the right price. Maybe I should look into having a entry buffer of 10 - 15 cents.


Execution detail:

Date/time Symbol Side Price Position
2015-11-27 09:52:53 BABA sell $79.810 short
2015-11-27 10:01:37 BABA buy $79.430 short
2015-11-27 10:06:01 BABA buy $79.700 short
2015-11-27 10:06:33 BABA buy $79.770 0


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