RLYP Trade on Dec 7, 2015 11:43 from buckwld622_BOWS: Tradervue User Stock Trades.

Long

Usually I go short on these, but that is always and I remember that Kunal says I always short too low. I looked again and saw a double bottom and got in on the big candle. I use a 3 min chart so it looks different and I had a better entry point. Still sold on a spike though and missed out .50

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-12-07 11:43:11	RLYP	buy	$27.730	long
2015-12-07 12:21:23	RLYP	sell	$28.230	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RLYP&trade=4042566&end=20160106&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RLYP&trade=4042566&end=20151207143623&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

KevinL_BOWS

2015-12-11 15:35:22

This entry was a little bit late and kind of far from where your stop would logically go (the previous low) If you waited 15-20 mins a nice flag would've given you a better entry, with much tighter risk, so you could take bigger position. The Setup was a little sketchy too. Daily it had run into 200 day so long is kind of risky.

RLYP Trade on Dec 7, 2015 11:43 from buckwld622_BOWS: Tradervue User Stock Trades.

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