CEMP Trade on Feb 24, 2017 09:31 from Boston: Tradervue User Stock Trades.

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Boston

 

I overtraded this one. I was sticking to my hypothesis too much and didn't read the chart, just forced trades. Tried this one 3 times and it failed on me. I liked the premarket volume, so I thought it had a chance to break the premarket highs. I missed my fill on breaking the first 1 min candle and got filled at the top. I then added when it broke the flag on the 1 min chart thinking this could have a quick pop towards $5. But it failed.

My first entry was a mistake and was NOT one of my setups, but the break over $4.60 for the move to $5 and to break the pre market highs was a good entry. That one just didn't work.

I then "thought" I saw a flag on the 1 min but that was just me being stubborn and not listening to the chart. And the same thing happened on the 5 min chart. Just over traded this today.

First idea was good, but the 2nd two were me making up setups in my head.


Execution detail:

Date/time Symbol Side Price Position
2017-02-24 09:31:59 CEMP buy $4.550 long
2017-02-24 09:34:41 CEMP buy $4.600 long
2017-02-24 09:35:38 CEMP buy $4.700 long
2017-02-24 09:36:52 CEMP sell $4.500 0
2017-02-24 09:44:33 CEMP buy $4.550 long
2017-02-24 09:48:07 CEMP sell $4.250 0
2017-02-24 10:07:22 CEMP buy $4.400 long
2017-02-24 10:10:17 CEMP buy $4.350 long
2017-02-24 10:17:49 CEMP sell $4.250 0


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