KMI Trade on Feb 17, 2016 10:05 from tsun: Tradervue User Stock Trades.

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tsun

 

"Warren Buffet owned a new 26.5 million share stake as of Dec 31 2015"

"watching for r/g type move
ideally off 16.5 o/u long
target 17.50s then 18s, 19s"

After my short positions failed to work, I wanted to make sure that I would be entering on the beginning of the trend reversal. After the trend has reversed, I waited for the confirmation to make sure the trend was reversed by making a higher low.

I then scaled into the full share and took off into previous resistance around 17.4s.
The mistake I had made here was adding back excessively into the strong pullback into vwap. I had hoped that it would make a quick bounce right back into 17.3s so I take some off again but when I realized there was too much selling pressure and that the uptrend was broken, I got out. In fact, I should have NOT added here HOPING it would make a quick move back up, but instead just had closed my position altogether at the vwap, because the pullback had been such a strong move.

What I did well here is that I had also been watching SPY together. As soon as the intraday upper range of SPY was broken, I flipped the position into long, then I toggled between 5 and 15 min candles to make sure that it was still uptrending. This helped me to stay in the trade avoiding selling early.


Execution detail:

Date/time Symbol Side Price Position
2016-02-17 10:05:24 KMI buy $17.040 long
2016-02-17 10:06:15 KMI buy $17.070 long
2016-02-17 10:06:25 KMI buy $17.070 long
2016-02-17 10:07:50 KMI buy $17.100 long
2016-02-17 10:07:53 KMI buy $17.100 long
2016-02-17 10:19:38 KMI sell $17.390 long
2016-02-17 10:22:36 KMI buy $17.210 long
2016-02-17 10:22:59 KMI buy $17.190 long
2016-02-17 10:23:04 KMI buy $17.210 long
2016-02-17 10:24:17 KMI sell $17.150 0


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