MDCO Trade on Feb 6, 2017 09:55 from jon07wil: Tradervue User Stock Trades.

Stock was hitting major resistance at 48.00, so I shorted with stop above HOD. Immediately started dropping and I thought it would bounce off 9ema and continue up so I got out. Should of moved stop down to entry and let trade work out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2017-02-06 09:55:40	MDCO	sell	$47.810	short
2017-02-06 09:59:10	MDCO	buy	$47.440	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MDCO&trade=5343580&end=20170308&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MDCO&trade=5343580&end=20170206122910&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2017-02-07 19:16:50

damn what timing haa but the cover is bunk

there is no point of shorting there if ur gonna cover at at the 9ema... maybe do just 1/2 and scale out go for bigger move

MDCO Trade on Feb 6, 2017 09:55 from jon07wil: Tradervue User Stock Trades.

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