YUM Trade on Apr 26, 2013 12:01 from suzieshort: Tradervue User Stock Trades.

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suzieshort

 

I was following this bear flag in YUM. I put in the trade and then placed my stop at 66.93. I got stopped out on a slight blip. I didn't even notice it for a bit.


Execution detail:

Date/time Symbol Side Price Position
2013-04-26 12:01:00 YUM sell $66.870 short
2013-04-26 12:03:00 YUM buy $66.930 0


Comments

Gravatar kunal00
2013-04-28 18:49:36
 

i see ur setup i think intraday but on the daily there was nothing. not really a buy or sell and its all over the place.. ton of demand in the 66 to .66.50 area too which makes it a bit more risky.. it still ould have worked for 30-40 cents but it seems u mighthave been too tight on the stop loss which defintely needed to above 67. not sure wht the significance of 66.93 is i dont see anythign there.

Gravatar kunal00
2013-04-28 18:50:28
 

also a 10 cent stop on a 70 dollar stock is like .00001% of a stop which means basically you have almost a 100% chance of getting stopped out unless uhad a once in a life time setup..its too tight.

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