WLT Trade on Jul 8, 2013 10:39 from RaeTrades: Tradervue User Stock Trades.

Tried to time a reversal on this one with little to nothing to go on. Bad trade! Hence the tag

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-08 10:39:52	WLT	sell	$10.810	short
2013-07-08 10:40:09	WLT	buy	$10.950	0
2013-07-08 10:41:39	WLT	sell	$11.080	short
2013-07-08 10:42:41	WLT	buy	$11.070	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WLT&trade=508581&end=20130807&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WLT&trade=508581&end=20130708131241&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WLT&trade=508581&end=20130708114041&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=WLT&trade=508581&end=20130708111141&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JoJoTrades

2013-07-08 22:23:24

you gotta wait for ROUND 2 parabolic move.

Round 1 + consol/weakness is usually followed by a Round 2 para move, squeezing the guys who entered too early after Round 1. THEN you short Round 2 para. but usually gotta have quick fingers to cover, even then. risky, but can be great quick money, shorting that round 2 para

WLT Trade on Jul 8, 2013 10:39 from RaeTrades: Tradervue User Stock Trades.

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