ACAD Trade on Apr 25, 2016 09:37 from JamesDover_BOWS: Tradervue User Stock Trades.

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JamesDover_BOWS

 

This stock was on a Flag Breakout watch on the daily. I tried getting in when it went green, with a stop at $33.92. Got stopped out by like 2 pennies, and then didn't remount for two reasons. One, Kunal longed it right after me (and I know he has wider stops), so I didn't want to remount blindly. And secondly, I didn't want to keep making the same mistake again.

This wasn't the cleanest move, but I really could have afforded a looser stop loss since I had only a few shares. The reason I only did 50 shares was because I chased it on the R/G. The stop should have gone at the bottom of that first green candle of the day, and the entry should have been more risk efficient.


Execution detail:

Date/time Symbol Side Price Position
2016-04-25 09:37:37 ACAD buy $34.150 long
2016-04-25 09:40:21 ACAD sell $33.920 0


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