CLCD Trade on Nov 23, 2016 09:46 from sk6345: Tradervue User Stock Trades.

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sk6345

 

The mistake I made with this trade was with going against what my original plan was on the daily. This stock gapped down at the open and pulled back. On the daily I had this trade pegged at a 20/50 sma bounce. However, when price gapped down that day it showed a breakdown past the ma's on the daily. I ignored my original plan and let the intraday gap down dictate my decisions and I sold into a breakdown pullback. Price ran against me, broke past the ma's and began the bullish run that I originally hoped for. It was a reminder to always be aware of what the big picture is telling you.


Execution detail:

Date/time Symbol Side Price Position
2016-11-23 09:46:00 CLCD sell $31.400 short
2016-11-23 09:49:00 CLCD buy $32.000 0


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