SWHC Trade on Dec 14, 2015 10:09 from ToqueX: Tradervue User Stock Trades.

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ToqueX

 

Grade=C-
P/L= +0.36R

Entry: entered as it rolled over and tested the trend line on the 5m. The stock was on a huge run and I was lookig for this day to be the ëxhaustion gap.

Result: There was only a little bit of follow-through on this idea in the morning, but the stock didn't really tank until the next day (Tuesday) when it taknked right out of the gate and went all day.
I took part off quickly and then held the rest. I trailed my stop a little too tightly and was susceptible to the spike two candles after my entry.

Lesson: Consider keeping the stop slightly above the VWAP to ensure i can stay in the trade and avoid being spiked out. I could have easily doubled the profit on this one and possibly played the next bounce as well if I had done that.


Execution detail:

Date/time Symbol Side Price Position
2015-12-14 10:09:18 SWHC sell $23.650 short
2015-12-14 10:14:36 SWHC buy $23.510 short
2015-12-14 10:34:45 SWHC buy $23.600 0


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