REFR Trade on Apr 1, 2013 14:14 from alpha9: Tradervue User Stock Trades.

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alpha9

Screwed up this trade as I got scared as the spread was wide and the ask, specifically at the time, 5.53 was getting taken out and I was afraid of getting squeezed to 4.60. In hindsight, I should have honored my stop at 4.55 as it never violated that area. Actually, I chased this stock a lot, so I got lucky to escape with $5. I saw the initial bear flag back at 4.70 but didn't execute, and also saw another opportunity to get in on the confirmation breakdown at 4.55, but again hesitated. Didn't want to miss out on my own play so I chased it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-04-01 14:14:41	REFR	sell	$4.510	short
2013-04-01 14:14:41	REFR	sell	$4.510	short
2013-04-01 14:29:15	REFR	buy	$4.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=REFR&trade=407725&end=20130501&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=REFR&trade=407725&end=20130401160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=REFR&trade=407725&end=20130401145415&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

REFR Trade on Apr 1, 2013 14:14 from alpha9: Tradervue User Stock Trades.

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