SPWR Trade on Jul 29, 2013 13:07 from Goku_A7: Tradervue User Stock Trades.

Started to pick up a little momentum and thought it was going to break higher. Never happened. Definitely not a strong set up intraday even though it was looking great on the daily coming out of range. Need to stick to what I know works instead of gambling.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-29 13:07:42	SPWR	buy	$26.420	long
2013-07-29 13:07:52	SPWR	buy	$26.421	long
2013-07-29 13:31:20	SPWR	sell	$26.320	long
2013-07-29 13:31:20	SPWR	sell	$26.320	long
2013-07-29 13:31:20	SPWR	sell	$26.330	long
2013-07-29 13:31:20	SPWR	sell	$26.320	long
2013-07-29 13:31:21	SPWR	sell	$26.320	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SPWR&trade=531920&end=20130828&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SPWR&trade=531920&end=20130729160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SPWR&trade=531920&end=20130729135321&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=SPWR&trade=531920&end=20130729160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-30 18:00:46

Looking at the 5min intraday.. you see how it made a high at $26.65 at the open, then the next wick was at $26.55, then $26.45 is around the time you entered the trade. It was making lower highs... that is a sign of weakness. had a better chance of shorting then going long.

Goku_A7

2013-07-30 22:24:20

gotcha, thank you. I'm starting to see some common trends in my failed trades.

kunal00

2013-07-31 13:29:47

tricky stock we were a day early!

SPWR Trade on Jul 29, 2013 13:07 from Goku_A7: Tradervue User Stock Trades.

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