ADT Trade on Apr 4, 2013 12:47 from Timpalmer13: Tradervue User Stock Trades.

really liked this setup. 45 was support- didnt short was patient- 45 dropped- let it consoldiate below- got very tight and shorted 3 lots with stops at 45.02 for 2 lots and 45.05 for core. could have even had more size once buyer dropped. covered risk well at 75 cents. covered second lot very poorly- trailed stop above 85 cents then decided to cover into a upmove at 81 cents. target at 50 cents hit soon after. moral of trade- if I trail stop above wick high then stick to it. otherwise cover into a downmove once it slows

stopped out of core- happy with that if it dropped 50 cents i was going to add and was in drivers seat to crush the trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-04-04 12:47:25	ADT	sell	$44.995	short
2013-04-04 12:47:35	ADT	sell	$44.991	short
2013-04-04 12:47:40	ADT	sell	$44.995	short
2013-04-04 13:15:44	ADT	buy	$44.750	short
2013-04-04 13:52:53	ADT	buy	$44.810	short
2013-04-04 14:38:35	ADT	buy	$44.740	short
2013-04-04 14:38:35	ADT	buy	$44.750	short
2013-04-04 14:38:35	ADT	buy	$44.756	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ADT&trade=410864&end=20130404150035&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ADT&trade=410864&end=20130404160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ADT&trade=410864&end=20130404160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ADT&trade=410864&end=20130504&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

ADT Trade on Apr 4, 2013 12:47 from Timpalmer13: Tradervue User Stock Trades.

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