LVS Trade on Apr 26, 2013 11:24 from ryanBOWS: Tradervue User Stock Trades.

Sweet mother! What was I thinking???!!! I suppose there may be a bear flag pattern, but it had already fallen a ton. PLUS this stock tends to follow the market pretty closely. Went short, then doubled down, breaking a KEY rule of not adding to a losing position, covered when I finally came to my senses.

Stupid, embarrassing trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-04-26 11:24:25	LVS	sell	$55.900	short
2013-04-26 11:42:32	LVS	sell	$56.000	short
2013-04-26 11:45:56	LVS	buy	$56.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LVS&trade=438424&end=20130526&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LVS&trade=438424&end=20130426140556&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-04-28 19:04:00

tricky spot.. the daily is setup in a way that there is just too much support zones in the 54 -56 zone soit will act choppy

LVS Trade on Apr 26, 2013 11:24 from ryanBOWS: Tradervue User Stock Trades.

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