ACI Trade on Jul 11, 2013 12:42 from scottacherry: Tradervue User Stock Trades.

+$29. FRUSTRATING TRADE! I actually timed the bottom on this one perfectly and the setup was nice after a heavy sell-off. What I should have done was sit, be patient and put my stop in at $4(LOD) risking only a -40 loss. Instead I cut it loose after it didn't move fast enough for my liking. NET LOSS for IMPATIENCE = $210. This stock made a late day run along with other coal stock.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-11 12:42:29	ACI	buy	$4.026	long
2013-07-11 12:42:29	ACI	buy	$4.026	long
2013-07-11 13:36:37	ACI	sell	$4.041	long
2013-07-11 13:36:37	ACI	sell	$4.041	long
2013-07-11 13:36:37	ACI	sell	$4.041	long
2013-07-11 13:36:37	ACI	sell	$4.041	long
2013-07-11 13:36:37	ACI	sell	$4.041	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ACI&trade=512210&end=20130810&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ACI&trade=512210&end=20130711160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JoJoTrades

2013-07-11 22:55:29

good trade idea tho.
stop shoulda been BELOW 4 of course..not at 4.00 exactly, right?

scottacherry

2013-07-12 16:20:18

Yeah you're right, just under 4 but when I play the coals its usually for a quick breakout scalp. So my loss risk is very minimal. I don't trust those damn coals for an extended period! Ha

JoJoTrades

2013-07-12 20:43:46

me neither tbh lol

ACI Trade on Jul 11, 2013 12:42 from scottacherry: Tradervue User Stock Trades.

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