HIMX Trade on Jul 24, 2013 09:58 from ryanBOWS: Tradervue User Stock Trades.

I've been trying SO hard to be patient outta the gate each morning, yet keep making dumb little mistakes like this one. Thought this was setting up as a bull flag, then the bottom fell out right after I entered.

Market was funkadoodle and I needed to be more cautious with my longs and let them to set up as solid patterns before jumping in. Plus the daily on this one is WAY overextended.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-24 09:58:51	HIMX	buy	$7.750	long
2013-07-24 09:58:51	HIMX	buy	$7.750	long
2013-07-24 09:58:51	HIMX	buy	$7.750	long
2013-07-24 09:58:52	HIMX	buy	$7.750	long
2013-07-24 09:58:53	HIMX	buy	$7.750	long
2013-07-24 09:58:55	HIMX	buy	$7.750	long
2013-07-24 10:01:56	HIMX	sell	$7.610	long
2013-07-24 10:01:56	HIMX	sell	$7.610	long
2013-07-24 10:01:56	HIMX	sell	$7.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=525502&end=20130823&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=525502&end=20130724123156&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-24 17:48:17

No a bad attempt, just didn't go.. it happens.

NWJames_BOWS

2013-07-24 20:21:46

Ryan, I get into this kind of trade also. I think one idea that helped me is the looked at where the 9EMA is when this is flag is formed. Since this was significantly higher than 9EMA, I would rather let it go even if it goes well. most of time, they do not.

ryanBOWS

2013-07-24 20:31:20

@NWJames, good point man. I'll keep that in mind. Kind of puts my risk pretty far below my entry.

HIMX Trade on Jul 24, 2013 09:58 from ryanBOWS: Tradervue User Stock Trades.

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