TSLA Trade on May 9, 2013 12:04 from J2WS: Tradervue User Stock Trades.

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J2WS

 

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  • No management whatsoever
  • Just bought a feeler and did nothing else

I'm glad this trade worked out for me but it could have been better. I didn't really do anything but buy a feeler before going to work and just selling it later in the day. I would have preferred to buy feelers in the first highlighted area then added to a full position on the second highlighted area. That would have been a better play and they were both based around the same level which should have added conviction to the play.

The 3rd highlighted area was important. It should have given me information on where to put my stop for my other lot. Instead, I just kind of got flat when the market was turning. There wasn't really any reason other than I was trying to get out of everything. That didn't really make any sense.

I would say this was a mismanaged lucky trade that could have been better.


Execution detail:

Date/time Symbol Side Price Position
2013-05-09 12:04:39 TSLA buy $70.359 long
2013-05-09 12:04:39 TSLA buy $70.359 long
2013-05-09 14:03:43 TSLA sell $73.000 long
2013-05-09 14:49:55 TSLA sell $73.150 0


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