NVDA good new at last Friday.And it break above history high.
I think it will be last a few days.
So I plan to long today.
I play red to green at the open.
Use 16 cents hard stop.So my stop is 40.84.
It nearly hit my stop.
And I lost my patient so I didn't sold the second lot at my target at 42.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-16 09:35:20 | NVDA | buy | $41.008 | long |
2016-05-16 09:35:20 | NVDA | buy | $41.010 | long |
2016-05-16 10:03:47 | NVDA | sell | $41.490 | long |
2016-05-16 10:21:25 | NVDA | sell | $41.652 | 0 |
My reason to exit: it's a whole number.
But when you show me that screenshot.
I see the trend is so obvious that the price never pull back to 20 MA.
I'll add the MA as my exit reason next time.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Nice entry. I thought your stop was a bit tight but it worked nicely. Consider exited according to plan, but holding on to some amount (again, according to your plan) until the chart has a reason2exit. As I type this, stock is near 42.50 with no obvious reason2exit. Well, not in my reasons list. http://screencast.com/t/NdHF131V