BCRX Trade on Jul 23, 2013 12:46 from RayBell: Tradervue User Stock Trades.

I bought this at 4.31 when it looked like it was forming a cup and handle for another run. I set my stop at 4.20 where it built support. I was immediately stopped out. Was my stop in the wrong place? Was this a bad buy, should I waited for more of a breakout?

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:46:13	BCRX	buy	$4.310	long
2013-07-23 12:49:54	BCRX	sell	$4.200	long
2013-07-23 12:49:54	BCRX	sell	$4.200	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BCRX&trade=524551&end=20130822&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BCRX&trade=524551&end=20130723134954&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-23 17:32:07

no clean setup yet.. needed a more time to develop.

kunal00

2013-07-24 14:52:36

ur stop was a penny off... u had it right on support.. use odd numbers also... ur entry also didn thave a clear setup on why u chose that area..u need a pattern to develop

BCRX Trade on Jul 23, 2013 12:46 from RayBell: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax