NGL Trade on Dec 14, 2015 11:02 from andylam: Tradervue User Stock Trades.

Been eyeing this for a potential bounce and it had a really weak day today onto of having so many red days lately. Was also in play several days ago.

Took a tiny amount just for fun bucks and to help cover commissions. Looking for maybe $1 on this or so.

Lets see what 12/15 brings.

12/15: gapped up pretty nicely during pre-market to almost 9.40 Was thinking about getting out around 9.30s, but didn't take it. Wanted to let it ride a bit when it opened to see if it'll do anything crazy. Well, it tanked all the way back down and I was basically b/e. Then it caught itself and bounced back towards 9.00 Got out when it was having trouble busting through 9.00 for a 40 cent gain.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-12-14 11:02:47	NGL	buy	$8.581	long
2015-12-15 12:12:37	NGL	sell	$8.980	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NGL&trade=4060596&end=20151215121237&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NGL&trade=4060596&end=20151215121237&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NGL&trade=4060596&end=20151215160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NGL&trade=4060596&end=20160113&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-12-15 03:55:55

YOO no funbucks! u need a setup to hit this type of trade. align it.

andylam

2015-12-15 19:33:18

Haha. In my eyes, it was sorta set-up. Hard tankage over the past week or more. Weak close from yesterday.. then a $1.00 flush towards 8.50s Felt that it had a good bounce coming and that's why I took the small trade. I am stuck under the PDT so only had 1 day trade available on 12/14 and did not want to waste it on this trade. Used it on TVIX and had a pretty good trade off of that.

Thanks for the comment though Kunal. I've been watching some of your stuff and I really like your style. Trying to learn from you and Nate. Already have both of Nate's DVDs and have been contemplating about trying out your service. From what I read on your website, it seems like you may have a solution to my PDT ordeal. Can you give me more details?

The PDT was great for a while, since it forced me to only take ideal trades.. but I'm at the point where I am disciplined enough that the PDT is causing me to miss a lot of opportunities.

NGL Trade on Dec 14, 2015 11:02 from andylam: Tradervue User Stock Trades.

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