CXW Trade on Apr 17, 2013 10:09 from Timpalmer13: Tradervue User Stock Trades.

this was frustrating as I got stopped out of 2 lots strying to play it too tight. should have givern the stop for all of them above 10 cents. or let it hold below cleanly- **If im playing a breakdown from above the level I need to give it more room- cant get too tight. this is different to a stock that has spent 20 minutes consolidating below a level (which it did later but I missed) **

should have made more in this setup- was an A setup just not quite clean enough or I wasnt patient enough,
Checks in my favour
-Huge gap down-
-holds gap down and consoldiates at lows above 34. breaks down and never got above consildation candle-
-then consoldiated below the level.

I should have done much better in this play then I did by doing 2 things
-making the distinction for a loose stop above consolidation above the level vs a 20 minute consolidation below a level
- sticking with the stock and putting on what I took of once it spent more time below 34
- readding when it consoldiated at its lows around 33.60.