DDD Trade on Dec 21, 2016 12:27 from tee: Tradervue User Stock Trades.

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tee

 

Stock selection was my mistake here. Nothing on the daily telling me there's a move to the upside pending. I only used yesterday's move as reason to go long here.

I entered using S1 as my line in the sand @ $14.73. It was clear support for a while, then the stock broke under and it acted as clean resistance. When I saw my intraday indicators line up (oversold conditions going positive) I entered as it broke over the pivot.

The clue that it never ran within the next few candles should have prompted an exit for a small loss but I was playing my daily PnL in my head again (bad thing to do) and wanted to wait out a move to the VWAP around $14.80 area, hoping it would break through and go to the next pivot level @ $14.92 as it did yesterday.

I'm too focused on squeezing out a green day that I'm so far from the zone I have been in in the past. Tryin to find my way back.


Execution detail:

Date/time Symbol Side Price Position
2016-12-21 12:27:09 DDD buy $14.750 long
2016-12-21 15:09:00 DDD sell $14.690 0


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