SAGE Trade on Jul 12, 2016 09:58 from MAllum_BOWS: Tradervue User Stock Trades.

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MAllum_BOWS

 

Went in way too big for where my stop was. Overexcited from yesterday's $600 win. Every day is a new day. Poor process because I should have determined my stop position, THEN used that to calculate how many shares I Could trade. *Will reduce max shares size per trade.
Wanted to sell off half the 1000 shares at my entry price but got the same TOS Rejection msg again that I couldn't short, even though I already owned the shares.
Traded on 1 min chart- Price held above the 9MA for a few candles so I got a good entry but then the 20MA came and pushed the price down below the 9.
*Now I know that the 20MA can be more powerful than the 9MA.
Also, the stock went down from the open so maybe it was more likely to be down for the day i.e. consolidations would break down.


Execution detail:

Date/time Symbol Side Price Position
2016-07-12 09:58:18 SAGE buy $46.650 long
2016-07-12 10:14:24 SAGE sell $46.390 0


Comments

Gravatar kunal00
2016-07-18 20:16:08
 

1 candle pullback not a pullback no setup

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