EZPW Trade on Jul 11, 2016 09:40 from CommanderJP: Tradervue User Stock Trades.

Sim day #2 7/11/16
2nd trade for today.
Saw on the Daily a Rubberband Snapback Short opportunity.
I thought it was a Green to Red move and bought it after the second candle with a stop above the days high. But sadly throughout the day it didn't go down and it hit my stop at around 11:36 AM.
Any feedback as to what I did wrong/right would be greatly appreciated.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-07-11 09:40:41	EZPW	sell	$9.015	short
2016-07-11 12:36:31	EZPW	buy	$9.186	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EZPW&trade=4710278&end=20160810&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EZPW&trade=4710278&end=20160711160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2016-07-24 19:10:04

i see what ur trying to do this is a tricky stock its very thin in volume but also does not have much intraday range so its tough to chase it low as there is not much juice in this.. once it doesn't go red.. its something u have to cover quick when it rounds and reverses

EZPW Trade on Jul 11, 2016 09:40 from CommanderJP: Tradervue User Stock Trades.

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