Shared by
TomB_BOWS
My head was still had a "short" mindset so when this thing came down in the morning I waited for a bear flag, was way to small and didn't give it enough time so got stopped out. Re-entered it when it was coiling a bit better and then added to my position when it got super tight. Out when it broke tight range.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-07-01 10:05:11 | TSRO | sell | $81.020 | short |
| 2016-07-01 10:08:50 | TSRO | buy | $81.500 | 0 |
| 2016-07-01 10:15:09 | TSRO | sell | $81.050 | short |
| 2016-07-01 10:58:57 | TSRO | sell | $81.020 | short |
| 2016-07-01 11:30:14 | TSRO | buy | $81.210 | 0 |
Comments
Leave a comment about this trade!
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!
I was looking at this as well. What I saw was if you look at the overall pattern there was no bear flag at all from previous day and shorting LOD was risky. Technically it was lowest that stock went after the big moove. Wait for pull back around 82 was ideal set up only.