ROST Trade on Nov 18, 2016 09:46 from parkergreen: Tradervue User Stock Trades.

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parkergreen

 

Position Size: 50
Total Volume: 100
Current Trend: Uptrend, Gap up
Entry Price: 67.95
Entry Setup: 5-min ORB
Stop Price: 67.50
Stop Reason: Under support of the flag
Total Risk: 22.50
P/L: 12.25
Exit Price and Reason:
(25) @68.18- took half off here because the previous surge upward got sold off and had a large upper shadow
(15) @68.36- took some more off for profits, $ROST doesn’t historically have a huge range so wasn’t expecting this to move dollars
(10) @67.99- Stopped out of lotto shares at entry
Lesson: Should have waited to sell half at HOD, sold earlier due to the long upper shadow of previous candle which showed selling pressure. The play worked but there wasn’t that much range which ended in my profits only equally half of my total risk if it didn’t work which isn’t good.
My Grade: C


Execution detail:

Date/time Symbol Side Price Position
2016-11-18 09:46:55 ROST buy $67.950 long
2016-11-18 09:54:16 ROST sell $68.180 long
2016-11-18 09:57:51 ROST sell $68.360 long
2016-11-18 10:02:50 ROST sell $67.985 0


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