WDR Trade on Apr 16, 2013 14:12 from Timpalmer13: Tradervue User Stock Trades.

really loved this setup- a little dissapointed I wasnt bigger in it as it was A+ but was a little late recognising finding it. had offers around 95 cents just couldnt get filled.
Weak stock
-Inplay
-below LT support- weak big picutre
-strong down move then pullback and consolidation below 41 for 2 hours
-hadnt really make any spikes above 41 for 2 hours- indicates just how weak the stock was

covered risk into first down move
into the next downmove covered at the lows which didnt really make sense as I hadnt covered at 50 cents the first time. if I had been a little more patient could have held for another 20-25 cents but was trading SRPT at the time so rushed my cover.

Review
- When I see a setup this good be patient but recognise its ok to get bigger and risk an extra 2 cents. or find it earlier
- when im in this sort of setup and I hold through a pullback and the stock makes a sharp down move after- the stock is still weak and worth holding through the lows- otherwise it doesn't make sense from a RR standpoint- dont let other trades mess up how I manage my A+ setups