GPS Trade on Oct 7, 2016 10:06 from ghughes13_BOWS: Tradervue User Stock Trades.

Bought when I thought the flag was breaking out. Bad move. It was near previous resistance on daily.
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11.11.16
Bad entry anyway. Sometimes they just don't go. Resistance on daily too.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-10-07 10:06:44	GPS	buy	$26.610	long
2016-10-07 10:07:04	GPS	sell	$26.460	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=4895681&end=20161106&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=4895681&end=20161007123704&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=4895681&end=20161007113704&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GPS&trade=4895681&end=20161007103704&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

falfred

2016-10-09 23:25:42

You went long in an area where the sellers out number the buyers. Your trade had a low probability of success from the beginning but you didn't know it. To prevent yourself from getting into these type of trades in the future learn everything you can on multiple time frame analysis, candlestick analysis, and trend analysis. I this information helps you in your trading.

ghughes13_BOWS

2016-10-10 19:51:01

Appreciate the feedback Falfred! I'll work on it!

GPS Trade on Oct 7, 2016 10:06 from ghughes13_BOWS: Tradervue User Stock Trades.

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