BCRX Trade on Jul 25, 2013 09:39 from ryanBOWS: Tradervue User Stock Trades.

It's a good thing I was still paper trading today. Haven't had a blow up trade like this in a while. Just didn't manage my risk properly.

Got excited and shorted some of this near the open. Almost pulled the trigger at 4.30 with a risk set at 4.45, but didn't. Still kept my stop at 4.45 break. It bounced around, but never dumped. Had several chances to get out for even money or even a little profit and didn't do it.

Pretty sad trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-25 09:39:49	BCRX	sell	$4.250	short
2013-07-25 12:27:43	BCRX	buy	$4.580	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BCRX&trade=525894&end=20130824&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BCRX&trade=525894&end=20130725140243&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-25 20:45:10

This stock just don't want to go back down, looking at the daily. You have to be quick in taking profit on this bad boy.

BCRX Trade on Jul 25, 2013 09:39 from ryanBOWS: Tradervue User Stock Trades.

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