MCOX Trade on Aug 12, 2013 13:01 from MrParlay: Tradervue User Stock Trades.

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MrParlay

 

Theme of the day... Good 1st half, Bad 2nd half. Today was the first time I went back in after I took profits, and it was a bad choice. Gave back some good profits from the morning by gambling instead of making smart moves.


Execution detail:

Date/time Symbol Side Price Position
2013-08-12 13:01:42 MCOX buy $5.940 long
2013-08-12 14:16:30 MCOX sell $6.100 0
2013-08-12 14:27:48 MCOX buy $6.120 long
2013-08-12 14:39:53 MCOX sell $6.250 0
2013-08-12 15:27:55 MCOX buy $7.050 long
2013-08-12 15:29:41 MCOX sell $6.830 0
2013-08-12 15:34:24 MCOX buy $7.050 long
2013-08-12 15:46:13 MCOX sell $7.140 0


Comments

2013-08-12 21:33:38
 

1st entry was a chase. It was to extended to enter right there. If a stock is extended wait for the pullback and for it to base a bit first, then hit it. Once it broke its flag you should have got in the trade right above $6.00; sold half at resistance around $6.40/45 with a stop at buy price for the rest of the shares.

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