HOT Trade on May 21, 2013 10:09 from J2WS: Tradervue User Stock Trades.

• Stuck with the level
• Stayed with the play

Although the first trade put me in a deep hole, I liked that I stuck with the trade and developed a plan to get back in, in case my original idea worked out. I liked my second add which was a Bull Flag above a Daily level. I could have gotten super aggressive by also buying through the highs of the day but I didn't. I liked that I was able to maintain some shares overnight because of the bigger picture idea.

My execution could have been better the following day. My first sell was more of a reaction than a plan. I reacted to 2 red candles on the 5 min chart and sold some. There wasn't really any reason for that. My second sell made more sense to me because it was into a previous high.

I guess I could have sold more, but I wanted to give this idea a chance. However, when I saw the declining MA's towards the end of the day I knew what was coming, and especially when the market had sold off that much already so I decided to get flat there and just wait for another level to develop or perhaps the 68.00 level may still be in play. I just wanted to reduce overnight risk exposure because we may have a follow through day tomorrow. Or it may present a buying opportunity.