DIS Trade on Feb 10, 2016 09:35 from tsun: Tradervue User Stock Trades.

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tsun

 

Ideally I was watching 88 to hold as I was looking for a lower high as a confirmation to begin a downtrend. But it went the other way and I added with too much size without the trend confirming yet. I am learning to add more size but if the trend has not confirmed, do not add size prematurely.

I covered partial to take some risk off emotionally since it looked as if it was about to break 89. When it failed, I covered the rest flat since I had no idea which way it was going to trend, as the failure at 89 looked like a failed breakout and a resistance level I can short off of.

I then reshorted using 89 as risk but covered for quick gain when it was clearly stronger to the upside. The higher low and the flag pattern should have been a sign to consider flipping long since short thesis was not confirmed.

Remember to give room to add until the end of the previously established range


Execution detail:

Date/time Symbol Side Price Position
2016-02-10 09:35:51 DIS sell $87.960 short
2016-02-10 09:36:00 DIS sell $87.990 short
2016-02-10 09:36:04 DIS sell $88.180 short
2016-02-10 09:36:26 DIS sell $88.090 short
2016-02-10 09:38:52 DIS buy $88.610 short
2016-02-10 09:39:05 DIS sell $88.720 short
2016-02-10 09:39:26 DIS sell $88.720 short
2016-02-10 09:39:49 DIS buy $88.440 short
2016-02-10 09:40:54 DIS buy $89.200 short
2016-02-10 09:42:03 DIS buy $88.450 short
2016-02-10 09:42:45 DIS buy $88.080 short
2016-02-10 09:43:26 DIS buy $88.060 0
2016-02-10 09:52:27 DIS sell $88.620 short
2016-02-10 09:53:49 DIS sell $88.760 short
2016-02-10 09:55:29 DIS sell $88.960 short
2016-02-10 10:00:53 DIS buy $88.790 short
2016-02-10 10:01:09 DIS buy $88.760 short
2016-02-10 10:03:42 DIS buy $88.660 short
2016-02-10 10:04:21 DIS buy $88.730 0


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