CNP Trade on May 30, 2013 15:30 from ckz8780: Tradervue User Stock Trades.

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ckz8780

 

Late date fade off longside short breakdown. I was hoping I'd get a better flush than this but sized accordingly since I knew there was support at $22.17 and I would probably only get 10-12c out of it if I were lucky. Really this was a crappy reward to risk ratio, since I'm almost certain I would not have cut it for anything less than 10 cents loss. Luckily, the fade worked, but I don't recommend this style of trading.

800 shares
+$44.20


Execution detail:

Date/time Symbol Side Price Position
2013-05-30 15:30:00 CNP sell $23.270 short
2013-05-30 15:55:09 CNP buy $23.210 short
2013-05-30 15:58:31 CNP buy $23.229 0


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