SINA Trade on May 22, 2013 11:17 from J2WS: Tradervue User Stock Trades.

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J2WS

 

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  • Pattern Recognition
  • Had more places to add but didn't take it
  • Hold more of core in position

Here's my video review of this trade:

http://youtu.be/XUYv2QLovfQ

Some things I didn't cover in the video:
I could / should have been more aggressive in some of the other potential areas circled in the chart. I have made this type of trade before and know the characteristics of this trade. I may have been too aggressive in lightening, although I did spread out my covers, I could have held more through it and worked on moving my stop instead. I could have added then covered the adds but I failed to do so. I could have made additional cash flow out of this trade.

Maybe it was because I was too busy managing my other position and kept mostly hands off with this one except when I covered here and there. Regardless why, this was a missed opportunity that could have had a much greater pay out had I executed this trade the way I should have.


Execution detail:

Date/time Symbol Side Price Position
2013-05-22 11:17:44 SINA sell $59.760 short
2013-05-22 11:17:44 SINA sell $59.760 short
2013-05-22 11:17:44 SINA sell $59.760 short
2013-05-22 11:18:00 SINA sell $59.740 short
2013-05-22 11:34:34 SINA buy $59.290 short
2013-05-22 12:38:33 SINA buy $59.120 short
2013-05-22 13:34:30 SINA buy $58.700 short
2013-05-22 14:10:23 SINA buy $58.500 short
2013-05-22 14:10:23 SINA buy $58.500 short
2013-05-22 15:52:48 SINA buy $58.330 0


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