VRX Trade on Mar 24, 2016 09:59 from GaTech_Trader: Tradervue User Stock Trades.

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$VRX was on my watchlist for the bear flag, parabolic pullback on the daily. Daily chart was up 3 days in a row. I was hoping for a green to red, but the stock gapped down, so I was looking for a bear flag. I entered short at the first red arrow and got stopped out at the second. I played too many shares trying to make something happen and got stopped out. I covered at HOD. My stop should have been closer to $33, stop at the current HOD on the chart and I should have waited for the flag to tighten a little. I played 300 shares->0.40 cent stop, I should have played 150 to 200 shares. I would give myself and A for the daily setup, B for the intraday setup because I probably needed the intraday flag to tighten a little more and a D for execution, I had too many shares for my account size. MB said in Market Recap, "the daily chart was so obvious you have to give you stop room."


Execution detail:

Date/time Symbol Side Price Position
2016-03-24 09:59:48 VRX sell $32.270 short
2016-03-24 10:01:55 VRX buy $32.591 0


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