2 trades in here.
Longed 1k shares when it started flagging. Added another 1k at 6.95 thinking it would move thru 7 more easily. It couldn't do it and I sold near bottom. Tried to be patient, and had even set a stop of 6.75/.76. Didn't respect it and sold early.
Longed it again when it put in the bottom at 6.78. Liked this entry and how it played it much better this time around. Sold 1/2 when it tested 7 level again. Wanted to book at least some profits. Really thought we'd see a 7.20 test, but it didn't happen. Sold the other 1/2 with a so so fill.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-22 10:10:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:14:00 | HIMX | buy | $6.950 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.810 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.810 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.800 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.800 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.800 | long |
2013-07-22 10:27:00 | HIMX | sell | $6.800 | 0 |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 10:35:00 | HIMX | buy | $6.890 | long |
2013-07-22 12:00:00 | HIMX | sell | $7.010 | long |
2013-07-22 12:00:00 | HIMX | sell | $7.010 | long |
2013-07-22 13:08:00 | HIMX | sell | $6.960 | long |
2013-07-22 13:08:00 | HIMX | sell | $6.960 | long |
2013-07-22 13:08:00 | HIMX | sell | $6.960 | 0 |
I was also caught in these HIMX trade today. Noticed that no real pattern except when we thought there was a bottom. If we had play by its pattern, we would have been fine. I only see one flag above 6.8. 11:40AM.
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This was a wild ride.. The play was right at the open.