MYL Trade on Feb 11, 2016 10:03 from BDaniel_BOWS: Tradervue User Stock Trades.

-Recap: Earnings Breakdown Flag. Reduced my risk by half, since was Red last two days. Still, felt nice to trade with better fundamentals. Sized in with 50 cents risk, and only used half-size - think because usually go with an anticipation entry.

-Pros: Better risk-focus. Looked for reasons to move on to next chart, versus "squinting" to see if there could be a pattern.
-Improve: Could go full-size on this entry, let it work more before first exit and use only 3 exits.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-02-11 10:03:39	MYL	sell	$42.350	short
2016-02-11 10:04:28	MYL	buy	$42.260	short
2016-02-11 10:08:27	MYL	buy	$41.990	short
2016-02-11 10:24:18	MYL	buy	$41.060	short
2016-02-11 11:16:15	MYL	buy	$41.120	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MYL&trade=4218207&end=20160312&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MYL&trade=4218207&end=20160211132115&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Darrin116

2016-02-12 15:58:47

Nice scale out!

LPeriman_BOWS

2016-02-15 14:55:44

Yes, nice trade but can't see a reason2exit those first 2 covers. But then, I don't know your rules ;)

BDaniel_BOWS

2016-02-15 16:34:54

@LPeriman The first one was a profit grab - usually I'm a little better about that. Thanks!

MYL Trade on Feb 11, 2016 10:03 from BDaniel_BOWS: Tradervue User Stock Trades.

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