URI Trade on Apr 20, 2017 09:43 from JIP_BOWS: Tradervue User Stock Trades.

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JIP_BOWS

 

Found this idea from chat as an earnings breakdown setup. I think I tried to follow a trade on a bear flag. I held too long as this was a scalp trade. I should have taken the idea and allowed myself to enter on a bear flag that I liked. It later setup a really nice bear flag that faded well. Thankfully the trade was flat but should have been a better gain.

Take aways:
Play a scalp like a scalp, short trades. The bigger fades sometimes take longer to setup.
Better recognize resistance to identify a better short entry.


Execution detail:

Date/time Symbol Side Price Position
2017-04-20 09:43:49 URI sell $111.990 short
2017-04-20 09:52:13 URI buy $111.890 0


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