MDGS Trade on Jul 27, 2016 12:13 from knudsenb_BOWS: Tradervue User Stock Trades.

I was stupid and didnt sell at 2.61 like my gut was telling me. Was hoping for the PH push but right before I sold i didnt see the volume to push it so i sold to break even

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-07-27 12:13:00	MDGS	buy	$2.200	long
2016-07-27 15:25:00	MDGS	sell	$2.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MDGS&trade=4743240&end=20160826&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MDGS&trade=4743240&end=20160727160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2016-07-27 19:43:04

But why was 2.61 the reason to sell? What was your entry setup? Gotta stick to some rules. If you go by your "gut", there is nothing to measure and improve on.

knudsenb_BOWS

2016-07-27 19:51:25

You are 100% percent correct. My initial goal was to go for the previous high of the day at 3.30 i believe but then when i seen the reversal hammer forming i felt that i should have got out instead of my limits and rules set. i absolutely need to have my entire plan together before entering instead of just half. Thanks You!

alexfeliciano

2016-07-28 13:56:47

Yes, you had 40c there... and did not take it...

kunal00

2016-07-28 14:18:39

well 40 cents ona 2 dollar stock is 20% so there was sufficint gain.. the 2nd part is when u dont hold vwap u got to lay off a few as it could get shorted due to the huge drop at the open..

knudsenb_BOWS

2016-07-28 19:31:19

gotcha, thanks!

MDGS Trade on Jul 27, 2016 12:13 from knudsenb_BOWS: Tradervue User Stock Trades.

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