YY Trade on Jul 16, 2013 09:39 from RaeTrades: Tradervue User Stock Trades.

Looking for a bottom bounce. Failed miserably. I need to learn some damn patience.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-16 09:39:40	YY	buy	$36.200	long
2013-07-16 09:41:08	YY	buy	$35.920	long
2013-07-16 09:41:51	YY	sell	$35.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=516995&end=20130815&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=516995&end=20130716121151&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=516995&end=20130716104151&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=516995&end=20130716101051&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-16 21:37:52

No setup. trying to time a falling knife will always end bad 98% of the time.

JoJoTrades

2013-07-16 23:18:07

"trying to time a falling knife will always end bad 98% of the time."
woah, please don't insult me!!! lol. if you're scalping, it can work nicely. click on my profile for examples ;-)

in this case, the entry AREA was decent...but the fill at the top of the wick was really bad, chase. the other one was OK. unfortunately he sold out for the Loss right before it bounced to 36.50. coulda been a decent scalp, for sure, +2% scalp from 35.75 to 36.50. +1.3% from 36 to 36.50 even

YY Trade on Jul 16, 2013 09:39 from RaeTrades: Tradervue User Stock Trades.

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